SPRINGFIELD HOSPITAL — financial and operating metrics

CCN 471306, SPRINGFIELD, 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 dischargesunverified885841722584600739
Total facility inpatient daysunverified4,5203,5953,5042,9902,9013,283
Total patient revenue (gross charges)unverified$93,130,531$104,813,000$117,083,438$126,376,061$147,131,816$154,595,284
Contractual allowances and discountsunverified$59,421,087$58,006,714$67,630,501$74,479,688$88,206,449$94,783,867
Net patient revenueunverified$33,709,444$46,806,286$49,452,937$51,896,373$58,925,367$59,811,417
Total operating expensesunverified$51,510,357$53,250,560$57,850,938$60,065,256$64,377,414$70,273,564
Net income from service to patientsunverified$-17,800,913$-6,444,274$-8,398,001$-8,168,883$-5,452,047$-10,462,147
Net incomeunverified$-5,273,349$19,882,531$3,332,893$-1,037,483$-917,929$1,601,849
Cost of uncompensated careunverified$1,959,756$1,768,684$1,730,110$2,007,569$2,686,474$2,907,689
Total facility bad debt expenseunverified$3,902,546$3,526,776$3,526,776$4,287,203$4,923,747$4,724,291
Charity care charges and uninsured discountsunverified$359,244$270,126$363,104$429,532$1,311,345$1,838,319
Cost of charity careunverified$250,799$241,920$214,948$236,871$771,958$1,027,810
Operating marginunverified-52.8%-13.8%-17.0%-15.7%-9.3%-17.5%
Overall cost-to-charge ratiounverified55.3%50.8%49.4%47.5%43.8%45.5%
Occupancy rateunverified49.4%39.4%38.4%32.8%31.7%36.0%
Average length of stayunverified5.14.34.95.14.84.4
Uncompensated care as % of operating expenseunverified3.8%3.3%3.0%3.3%4.2%4.1%
Charity care cost-to-charge ratiounverified69.8%89.6%59.2%55.1%58.9%55.9%
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