COPLEY HOSPITAL — financial and operating metrics

CCN 471305, MORRISVILLE, VT · 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified1,5501,5741,4801,3801,1411,079
Total facility inpatient daysunverified5,0145,6325,5865,4685,9545,027
Total patient revenue (gross charges)unverified$123,202,290$145,577,121$154,640,808$176,928,305$207,755,825$238,057,305
Contractual allowances and discountsunverified$54,090,198$60,804,786$63,260,885$80,727,603$104,326,592$122,875,057
Net patient revenueunverified$69,112,092$84,772,335$91,379,923$96,200,702$103,429,233$115,182,248
Total operating expensesunverified$73,819,575$88,188,411$95,335,399$99,802,638$104,250,425$115,885,016
Net income from service to patientsunverified$-4,707,483$-3,416,076$-3,955,476$-3,601,936$-821,192$-702,768
Net incomeunverified$-2,308,741$10,037,648$690,352$-1,352,570$3,545,423$4,151,155
Cost of uncompensated careunverified$1,680,718$1,549,088$1,064,016$2,083,200$2,284,191$2,324,560
Total facility bad debt expenseunverified$2,566,638$2,291,718$1,438,991$3,759,038$4,486,285$4,469,681
Charity care charges and uninsured discountsunverified$403,677$360,584$410,687$380,647$617,861$974,387
Cost of charity careunverified$250,497$236,951$266,100$206,480$306,036$383,923
Operating marginunverified-6.8%-4.0%-4.3%-3.7%-0.8%-0.6%
Overall cost-to-charge ratiounverified59.9%60.6%61.6%56.4%50.2%48.7%
Occupancy rateunverified54.8%61.7%61.2%59.9%65.1%55.1%
Average length of stayunverified3.23.63.84.05.24.7
Uncompensated care as % of operating expenseunverified2.3%1.8%1.1%2.1%2.2%2.0%
Charity care cost-to-charge ratiounverified62.1%65.7%64.8%54.2%49.5%39.4%
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