FERRY COUNTY MEMORIAL HOSPITAL — financial and operating metrics

CCN 501322, REPUBLIC, WA · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified252525252525
Total bed days availableunverified9,1259,1509,1259,1259,1259,150
Total facility dischargesunverified9994819877134
Total facility inpatient daysunverified5,3104,2104,4104,4064,9004,157
Total patient revenue (gross charges)unverified$19,857,091$21,446,079$25,747,496$27,934,369$27,606,597$28,788,627
Contractual allowances and discountsunverified$7,686,126$7,671,055$9,221,670$11,333,863$10,588,056$11,356,745
Net patient revenueunverified$12,170,965$13,775,024$16,525,826$16,600,506$17,018,541$17,431,882
Total operating expensesunverified$12,283,216$13,732,882$16,051,884$17,485,609$19,795,311$21,695,956
Net income from service to patientsunverified$-112,251$42,142$473,942$-885,103$-2,776,770$-4,264,074
Net incomeunverified$1,443,895$2,265,050$4,238,955$538,545$-1,014,789$-2,432,576
Cost of uncompensated careunverified$292,097$354,221$302,285$562,084$243,746$116,754
Total facility bad debt expenseunverified$357,136$418,149$362,217$322,454$189,968$165,834
Charity care charges and uninsured discountsunverified$106,745$118,492$94,939$416,440$171,866$11,634
Cost of charity careunverified$89,846$102,000$88,357$364,662$121,607$8,571
Operating marginunverified-0.9%0.3%2.9%-5.3%-16.3%-24.5%
Overall cost-to-charge ratiounverified61.9%64.0%62.3%62.6%71.7%75.4%
Occupancy rateunverified58.2%46.0%48.3%48.3%53.7%45.4%
Average length of stayunverified53.644.854.445.063.631.0
Uncompensated care as % of operating expenseunverified2.4%2.6%1.9%3.2%1.2%0.5%
Charity care cost-to-charge ratiounverified84.2%86.1%93.1%87.6%70.8%73.7%
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