GRANT MEMORIAL HOSPITAL — financial and operating metrics

CCN 511316, PETERSBURG, WV · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2023 (183 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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MetricFY2020FY2021FY2022FY2023
183d
FY2024FY2025
Total facility beds availableunverified252525252525
Total bed days availableunverified9,1509,1259,1254,6009,1509,125
Total facility dischargesunverified1,0199309105978911,260
Total facility inpatient daysunverified5,2675,6745,8482,5915,2464,657
Total patient revenue (gross charges)unverified$62,828,803$69,818,833$82,776,628$50,836,500$109,273,307$133,363,553
Contractual allowances and discountsunverified$30,250,212$32,663,440$41,530,068$23,585,322$51,981,267$50,319,623
Net patient revenueunverified$32,578,591$37,155,393$41,246,560$27,251,178$57,292,040$83,043,930
Total operating expensesunverified$36,983,349$39,866,515$44,544,827$26,999,741$60,412,552$65,783,653
Net income from service to patientsunverified$-4,404,758$-2,711,122$-3,298,267$251,437$-3,120,512$17,260,277
Net incomeunverified$355,077$4,512,646$-1,669,912$1,524,529$623,636$22,238,536
Cost of uncompensated careunverified$4,978,856$5,410,239$4,999,799$1,679,753$1,464,457$1,987,903
Total facility bad debt expenseunverified$718,279$444,448$640,082$694,605$2,071,137$2,665,358
Charity care charges and uninsured discountsunverified$7,165,360$8,330,676$8,254,708$2,188,365$569,806$863,187
Cost of charity careunverified$4,603,598$5,191,968$4,692,873$1,336,222$420,129$682,109
Operating marginunverified-13.5%-7.3%-8.0%0.9%-5.4%20.8%
Overall cost-to-charge ratiounverified58.9%57.1%53.8%53.1%55.3%49.3%
Occupancy rateunverified57.6%62.2%64.1%56.3%57.3%51.0%
Average length of stayunverified5.26.16.44.35.93.7
Uncompensated care as % of operating expenseunverified13.5%13.6%11.2%6.2%2.4%3.0%
Charity care cost-to-charge ratiounverified64.2%62.3%56.9%61.1%73.7%79.0%
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