MILFORD MEMORIAL HOSPITAL — financial and operating metrics

CCN 461305, MILFORD, UT · Medicare cost reports, FY2020–FY2025

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified232323232323
Total bed days availableunverified8,4188,3958,3958,3958,4188,395
Total facility dischargesunverified423325322415
Total facility inpatient daysunverified6,4796,8206,2546,2684,1044,968
Total patient revenue (gross charges)unverified$4,026,410$4,537,104$4,390,445$4,991,168$4,405,293$4,874,783
Contractual allowances and discountsunverified$-928,244$250,465$-846,675$-1,806,353$-3,672,538$-671,394
Net patient revenueunverified$4,954,654$4,286,639$5,237,120$6,797,521$8,077,831$5,546,177
Total operating expensesunverified$4,460,091$5,051,399$5,660,212$6,550,920$7,225,181$7,261,122
Net income from service to patientsunverified$494,563$-764,760$-423,092$246,601$852,650$-1,714,945
Net incomeunverified$1,305,685$1,263,863$994,893$335,760$1,101,942$-1,252,590
Cost of uncompensated careunverified$268,277$206,158$91,444$33,148$214,901$382,259
Total facility bad debt expenseunverified$164,915$163,593$112,123$37,528$120,009$195,122
Charity care charges and uninsured discountsunverified$71,168$16,248$4,971$31,783
Cost of charity careunverified$87,325$19,655$6,748$36,673
Operating marginunverified10.0%-17.8%-8.1%3.6%10.6%-30.9%
Overall cost-to-charge ratiounverified110.8%111.3%128.9%131.3%164.0%149.0%
Occupancy rateunverified77.0%81.2%74.5%74.7%48.8%59.2%
Average length of stayunverified154207250196
Uncompensated care as % of operating expenseunverified6.0%4.1%1.6%0.5%3.0%5.3%
Charity care cost-to-charge ratiounverified122.7%121.0%135.7%115.4%
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