BOONE MEMORIAL HOSPITAL — financial and operating metrics

CCN 511313, MADISON, 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified573647932691702580
Total facility inpatient daysunverified3,7024,3636,2274,9925,5105,733
Total patient revenue (gross charges)unverified$102,776,503$126,989,861$155,011,205$163,565,072$176,291,612$189,896,003
Contractual allowances and discountsunverified$63,357,861$83,267,170$99,085,842$101,788,735$106,607,266$118,044,288
Net patient revenueunverified$39,418,642$43,722,691$55,925,363$61,776,337$69,684,346$71,851,715
Total operating expensesunverified$45,948,173$53,483,286$64,413,618$69,164,877$83,609,768$96,165,298
Net income from service to patientsunverified$-6,529,531$-9,760,595$-8,488,255$-7,388,540$-13,925,422$-24,313,583
Net incomeunverified$2,625,518$4,167,863$2,214,550$1,831,619$2,946,226$10,477,017
Cost of uncompensated careunverified$525,274$185,089$277,784$555,027$573,934$518,734
Total facility bad debt expenseunverified$1,223,921$432,650$664,483$1,334,920$1,438,782$1,209,346
Charity care charges and uninsured discountsunverified$75,340$70,912$70,912$90,722$64,235$117,192
Cost of charity careunverified$32,664$26,741$27,686$36,061$25,131$48,626
Operating marginunverified-16.6%-22.3%-15.2%-12.0%-20.0%-33.8%
Overall cost-to-charge ratiounverified44.7%42.1%41.6%42.3%47.4%50.6%
Occupancy rateunverified40.5%47.8%68.2%54.7%60.2%62.8%
Average length of stayunverified6.56.76.77.27.89.9
Uncompensated care as % of operating expenseunverified1.1%0.3%0.4%0.8%0.7%0.5%
Charity care cost-to-charge ratiounverified43.4%37.7%39.0%39.7%39.1%41.5%
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