MEM. HOSPT. OF SWEETWATER COUNTY — financial and operating metrics

CCN 530011, ROCK SPRINGS, WY · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2024 (157 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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
157d
Total facility beds availableunverified585858585858
Total bed days availableunverified21,17021,22821,17021,17021,1709,164
Total facility dischargesunverified2,0241,8691,3471,2791,425583
Total facility inpatient daysunverified5,3114,7284,6024,7425,6932,516
Total patient revenue (gross charges)unverified$164,916,541$173,553,223$187,093,639$207,720,393$229,565,772$123,292,967
Contractual allowances and discountsunverified$81,316,356$87,852,064$96,293,992$105,769,371$121,861,260$65,784,686
Net patient revenueunverified$83,600,185$85,701,159$90,799,647$101,951,022$107,704,512$57,508,281
Total operating expensesunverified$87,905,527$92,038,634$99,026,488$111,892,924$117,308,700$57,251,758
Net income from service to patientsunverified$-4,305,342$-6,337,475$-8,226,841$-9,941,902$-9,604,188$256,523
Net incomeunverified$1,068,159$5,160,995$4,477,755$-4,206,185$-4,949,703$1,916,770
Cost of uncompensated careunverified$5,773,510$6,450,377
Total facility bad debt expenseunverified$11,792,867$13,099,582$1$1
Charity care charges and uninsured discountsunverified$1,930,314$2,024,511$1$1
Cost of charity careunverified$857,795$914,507
Operating marginunverified-5.1%-7.4%-9.1%-9.8%-8.9%0.4%
Overall cost-to-charge ratiounverified53.3%53.0%52.9%53.9%51.1%46.4%
Occupancy rateunverified25.1%22.3%21.7%22.4%26.9%27.5%
Average length of stayunverified2.62.53.43.74.04.3
Uncompensated care as % of operating expenseunverified6.6%7.0%
Charity care cost-to-charge ratiounverified44.4%45.2%
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