HOSPICE OF THE LAKES — financial and operating metrics

CCN 241520, BLOOMINGTON, MN · Medicare cost reports, FY2020–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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total patient revenue (gross charges)unverified$28,906,204$23,092,002$20,495,353$21,807,100$21,671,249$20,262,132
Contractual allowances and discountsunverified$3,232,907$2,885,158$1,813,862$2,262,119$3,037,572
Net patient revenueunverified$28,906,204$19,859,095$17,610,195$19,993,238$19,409,130$17,224,560
Total revenue, all sourcesunverified$29,290,671$23,420,364$22,047,624$27,472,708$27,589,730$23,503,986
Total operating expensesunverified$18,926,321$22,608,012$23,999,313$22,710,403$24,488,065$24,067,813
Net income (loss) for the periodunverified$10,364,350$812,352$-1,951,689$4,762,305$3,101,665$-563,827
Total hospice daysunverified108,290103,19391,91696,26093,00583,794
Operating marginunverified35.4%3.5%-8.9%17.3%11.2%-2.4%
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