NORTH CYPRESS MEDICAL CENTER — financial and operating metrics

CCN 670024, CYPRESS, TX · Medicare cost reports, FY2017–FY2018

Short reporting period. FY2018 (243 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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MetricFY2017FY2018
243d
Total facility beds availableunverified139139
Total bed days availableunverified50,73533,916
Total facility dischargesunverified8,5455,785
Total facility inpatient daysunverified36,36823,879
Total patient revenue (gross charges)unverified$1,685,563,196$1,121,288,418
Contractual allowances and discountsunverified$1,416,530,566$955,828,930
Net patient revenueunverified$269,032,630$165,459,488
Total operating expensesunverified$217,267,089$142,708,979
Net income from service to patientsunverified$51,765,541$22,750,509
Net incomeunverified$55,567,335$253,062,685
Cost of uncompensated careunverified$4,599,935$3,265,669
Total facility bad debt expenseunverified$35,980,769$24,891,790
Operating marginunverified19.2%13.7%
Overall cost-to-charge ratiounverified12.9%12.7%
Occupancy rateunverified71.7%70.4%
Average length of stayunverified4.34.1
Uncompensated care as % of operating expenseunverified2.1%2.3%
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