RIVERSIDE WALTER REED HOSPITAL — financial and operating metrics

CCN 490130, GLOUCESTER, VA · 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 availableunverified676767676767
Total bed days availableunverified24,52224,45524,45524,45524,52224,455
Total facility dischargesunverified2,3522,4412,3912,2292,1202,044
Total facility inpatient daysunverified8,81710,3739,4087,9947,7707,344
Total patient revenue (gross charges)unverified$252,482,631$295,718,867$341,230,886$381,538,828$398,054,169$402,512,774
Contractual allowances and discountsunverified$175,182,530$200,437,340$233,016,331$263,678,262$276,946,151$278,455,213
Net patient revenueunverified$77,300,101$95,281,527$108,214,555$117,860,566$121,108,018$124,057,561
Total operating expensesunverified$70,918,851$82,739,283$94,654,232$99,276,132$102,409,842$104,922,661
Net income from service to patientsunverified$6,381,250$12,542,244$13,560,323$18,584,434$18,698,176$19,134,900
Net incomeunverified$6,088,000$11,078,000$16,350,035$15,989,844$16,153,778$15,153,772
Cost of uncompensated careunverified$3,281,010$2,969,053$3,582,311$2,995,542$3,655,988$4,388,269
Total facility bad debt expenseunverified$2,701,563$3,114,581$3,355,886$3,823,714$3,160,249$5,161,845
Charity care charges and uninsured discountsunverified$8,955,164$7,142,175$8,894,189$7,614,738$10,534,268$11,288,284
Cost of charity careunverified$2,552,188$2,141,716$2,693,790$2,054,410$2,882,447$3,110,952
Operating marginunverified8.3%13.2%12.5%15.8%15.4%15.4%
Overall cost-to-charge ratiounverified28.1%28.0%27.7%26.0%25.7%26.1%
Occupancy rateunverified36.0%42.4%38.5%32.7%31.7%30.0%
Average length of stayunverified3.74.23.93.63.73.6
Uncompensated care as % of operating expenseunverified4.6%3.6%3.8%3.0%3.6%4.2%
Charity care cost-to-charge ratiounverified28.5%30.0%30.3%27.0%27.4%27.6%
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