MEMORIAL HOSPITAL OF MARTINSVILLE — financial and operating metrics

CCN 490079, MARTINSVILLE, VA · Medicare cost reports, FY2017–FY2017

Short reporting period. FY2017 (272 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2017
272d
Total facility beds availableunverified208
Total bed days availableunverified56,784
Total facility dischargesunverified3,687
Total facility inpatient daysunverified15,532
Total patient revenue (gross charges)unverified$408,016,274
Contractual allowances and discountsunverified$318,568,355
Net patient revenueunverified$89,447,919
Total operating expensesunverified$83,389,056
Net income from service to patientsunverified$6,058,863
Net incomeunverified$7,501,564
Cost of uncompensated careunverified$4,771,835
Total facility bad debt expenseunverified$29,357,796
Charity care charges and uninsured discountsunverified$802,622
Cost of charity careunverified$112,057
Operating marginunverified6.8%
Overall cost-to-charge ratiounverified20.4%
Occupancy rateunverified27.4%
Average length of stayunverified4.2
Uncompensated care as % of operating expenseunverified5.7%
Charity care cost-to-charge ratiounverified14.0%
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