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Occupancy Rate % shows the actual utilization of an inpatient health facility for a given time period.
Community Health Systems's Occupancy Rate % for the quarter that ended in Mar. 2024 was 53.90% , which is higher than 53.50% for the pervious quarter ended in Dec. 2023.
Community Health Systems's Occupancy Rate % for the annual that ended in Dec. 2023 was 52.40% , which is higher than 49.20% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Community Health Systems's Occupancy Rate % or its related term are showing as below:
The historical data trend for Community Health Systems's Occupancy Rate % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Community Health SystemsQuarterly Data | ||||||||||||||||||||||
Trend | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | ||
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Medicare Income Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Medicaid Income Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Managed Care Income Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Change in Admissions % | Get a 7-Day Free Trial | |||||||||||||||||||||
Bad Debt Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Supplies Expense Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Outpatient Services Income Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Change in Equivalent Admissions % | Get a 7-Day Free Trial |
For the Medical Care Facilities subindustry, Community Health Systems's Occupancy Rate %, along with its competitors' market caps and Occupancy Rate % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
To calculate Occupancy Rate %, we use inpatient days of care and bed days available. Inpatient days of care is the sum of each daily inpatient census for the year. Bed days available is the maximum number of inpatient days of care that would have been provided if all beds were filled during the year. The formula is:
Occupancy Rate % | = | ( Inpatient Days of Care | / | Bed Days Available ) | * | 100 % |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Occupancy Rate % is a calculation used to show the actual utilization of an inpatient health facility for a given time period. The occupancy rate reflects the degree to which hospital beds have been utilized even though the number of beds may have changed during the reporting period.
The average occupancy rate of community (that is, non-Federal, short-term general) hospitals is about 76%. We can recognize a hospital with a too-low occupancy rate as inefficient; such a hospital may find it hard to meet its profit goals. However, a constantly high occupancy rate may not be a good sign, either. Very high occupancy rates may reflect that the hospital is under great pressure from medical and labor sources. Thus, a reasonable occupancy rate is more acceptable than a high one.
Thank you for viewing the detailed overview of Community Health Systems's Occupancy Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.
Wayne T Smith | director, officer: Executive Officer and Director | 500 WEST MAIN STREET, LOUISVILLE KY 40202 |
Charles J Cova | officer: Regional President | 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067 |
Burgess Ronald L Jr | director | 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067 |
Ely James S. Iii | director | 4000 MERIDIAN BLVD, FRANKLIN TN 37067 |
Susan W Brooks | director | 200 EAST JACKSON ST, MUNCIE IN 47305 |
Justin D Pitt | officer: EVP and General Counsel | 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067 |
Joseph Arthur Hastings | director | 1573 MALLORY LANE, SUITE 100, BRENTWOOD TN 37027 |
John A Fry | director | C/O DELAWARE INVESTMENTS, 2005 MARKET ST. 34TH FL., PHILADELPHIA PA 19103 |
William Norris Jennings | director | 509 ALTA GATE ROAD, LOUISVILLE KY 40206 |
Chad A Campbell | officer: Regional President | 4000 MERIDIAN BLVD, FRANKLIN TN 37067 |
David E Nicely | officer: Regional President | 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067 |
Kevin A Stockton | officer: Regional President | 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067 |
Mark B Medley | officer: Regional President | 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067 |
Austen D Mason | officer: Regional President | 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067 |
Tian Qiao Chen | 10 percent owner | 2735 SAND HILL ROAD, #140, MENLO PARK CA 94025 |
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