PRINCETON COMMUNITY HOSPITAL ASSN INC — financial and operating metrics

CCN 510046, PRINCETON, WV · 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 availableunverified88107115115124125
Total bed days availableunverified32,20839,05541,97541,97545,38445,504
Total facility dischargesunverified5,6966,5006,1365,9918,4978,397
Total facility inpatient daysunverified23,77231,88234,97135,65739,12037,232
Total patient revenue (gross charges)unverified$465,301,721$614,717,833$718,609,011$827,565,895$979,813,675$1,108,808,116
Contractual allowances and discountsunverified$328,099,567$431,660,281$499,971,701$537,315,903$691,945,117$798,667,426
Net patient revenueunverified$137,202,154$183,057,552$218,637,310$290,249,992$287,868,558$310,140,690
Total operating expensesunverified$155,909,779$191,461,164$216,550,880$253,113,222$288,956,754$316,488,031
Net income from service to patientsunverified$-18,707,625$-8,403,612$2,086,430$37,136,770$-1,088,196$-6,347,341
Net incomeunverified$14,521,847$7,352,465$14,961,351$49,958,605$2,548,146$-710,351
Cost of uncompensated careunverified$3,444,313$2,680,015$3,907,219$3,496,072$3,813,498$4,839,390
Total facility bad debt expenseunverified$8,058,707$8,964,894$11,053,172$11,372,311$10,431,616$13,866,963
Charity care charges and uninsured discountsunverified$2,647,144$783,238$2,746,728$2,509,181$2,632,491$2,385,759
Cost of charity careunverified$1,156,538$233,495$1,032,962$547,798$1,314,618$1,364,675
Charges for insured patients' liabilityunverified$262,145
Operating marginunverified-13.6%-4.6%1.0%12.8%-0.4%-2.0%
Overall cost-to-charge ratiounverified33.5%31.1%30.1%30.6%29.5%28.5%
Occupancy rateunverified73.8%81.6%83.3%84.9%86.2%81.8%
Average length of stayunverified4.24.95.76.04.64.4
Uncompensated care as % of operating expenseunverified2.2%1.4%1.8%1.4%1.3%1.5%
Charity care cost-to-charge ratiounverified43.7%29.8%37.6%21.8%49.9%57.2%
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