MEMORIAL HERMANN FIRST COLONY HOSP — financial and operating metrics

CCN 670058, SUGAR LAND, TX · Medicare cost reports, FY2017–FY2018

Short reporting period. FY2017 (183 days), FY2018 (150 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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MetricFY2017
183d
FY2018
150d
Total facility beds availableunverified77
Total bed days availableunverified1,2881,057
Total facility dischargesunverified4648
Total facility inpatient daysunverified139184
Total patient revenue (gross charges)unverified$9,240,266$9,762,798
Contractual allowances and discountsunverified$6,929,907$7,578,745
Net patient revenueunverified$2,310,359$2,184,053
Total operating expensesunverified$3,224,244$2,165,238
Net income from service to patientsunverified$-913,885$18,815
Net incomeunverified$-913,302$20,510
Cost of uncompensated careunverified$8,330$26,509
Charity care charges and uninsured discountsunverified$16,258$28,258
Cost of charity careunverified$8,330$26,509
Operating marginunverified-39.6%0.9%
Overall cost-to-charge ratiounverified34.9%22.2%
Occupancy rateunverified10.8%17.4%
Average length of stayunverified3.03.8
Uncompensated care as % of operating expenseunverified0.3%1.2%
Charity care cost-to-charge ratiounverified51.2%93.8%
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