ELITE HOSPITAL KINGWOOD — financial and operating metrics

CCN 670285, KINGWOOD, TX · Medicare cost reports, FY2021–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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MetricFY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified66666
Total bed days availableunverified2,4662,1902,1902,1962,190
Total facility dischargesunverified343199149115114
Total facility inpatient daysunverified1,138370253279342
Total patient revenue (gross charges)unverified$35,339,999$20,120,063$18,847,661$23,462,910$28,401,361
Contractual allowances and discountsunverified$725,774$24,626$12,266$7,556$41,291
Net patient revenueunverified$34,614,225$20,095,437$18,835,395$23,455,354$28,360,070
Total operating expensesunverified$19,105,595$14,602,199$14,674,414$15,065,628$16,788,573
Net income from service to patientsunverified$15,508,630$5,493,238$4,160,981$8,389,726$11,571,497
Net incomeunverified$16,285,093$5,949,108$4,660,531$8,967,756$12,118,028
Cost of uncompensated careunverified$329$13,400,849$7,709,355$9,256,909
Total facility bad debt expenseunverified$20,905,138$14,016,964$18,195,262
Charity care charges and uninsured discountsunverified$529$29,502$88,095$119,490
Cost of charity careunverified$329$24,174$76,684$108,804
Operating marginunverified44.8%27.3%22.1%35.8%40.8%
Overall cost-to-charge ratiounverified54.1%72.6%77.9%64.2%59.1%
Occupancy rateunverified46.1%16.9%11.6%12.7%15.6%
Average length of stayunverified3.31.91.72.43.0
Uncompensated care as % of operating expenseunverified0.0%91.3%51.2%55.1%
Charity care cost-to-charge ratiounverified62.2%81.9%87.0%91.1%
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