MAYO CLINIC HOSPITAL — financial and operating metrics

CCN 030103, PHOENIX, AZ · 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 facility beds availableunverified295302315353362368
Total bed days availableunverified107,970110,230114,975128,845132,492134,320
Total facility dischargesunverified15,04416,49417,15918,67819,91121,500
Total facility inpatient daysunverified81,58292,74594,429102,093109,686118,471
Total patient revenue (gross charges)unverified$3,695,466,882$4,366,755,443$5,235,189,085$6,139,053,131$7,002,168,726$7,915,437,405
Contractual allowances and discountsunverified$1,930,011,333$2,300,703,315$2,982,958,057$3,555,449,695$4,091,483,632$4,643,326,881
Net patient revenueunverified$1,765,455,549$2,066,052,128$2,252,231,028$2,583,603,436$2,910,685,094$3,272,110,524
Total operating expensesunverified$1,785,097,611$2,041,523,719$2,219,870,922$2,477,034,543$2,779,703,156$3,033,697,803
Net income from service to patientsunverified$-19,642,062$24,528,409$32,360,106$106,568,893$130,981,938$238,412,721
Net incomeunverified$120,194,415$185,552,705$116,557,246$268,054,207$329,099,030$469,496,695
Cost of uncompensated careunverified$14,827,368$14,317,495$13,405,288$13,505,458$16,952,070$28,079,513
Total facility bad debt expenseunverified$18,708,868$20,386,528$17,782,836$18,275,587$8,622,535$19,096,873
Charity care charges and uninsured discountsunverified$11,758,506$10,211,924$10,329,038$10,983,902$19,244,382$28,038,820
Cost of charity careunverified$8,634,330$7,785,057$7,682,109$7,864,049$14,400,831$22,596,144
Operating marginunverified-1.1%1.2%1.4%4.1%4.5%7.3%
Overall cost-to-charge ratiounverified48.3%46.8%42.4%40.3%39.7%38.3%
Occupancy rateunverified75.6%84.1%82.1%79.2%82.8%88.2%
Average length of stayunverified5.45.65.55.55.55.5
Uncompensated care as % of operating expenseunverified0.8%0.7%0.6%0.5%0.6%0.9%
Charity care cost-to-charge ratiounverified73.4%76.2%74.4%71.6%74.8%80.6%
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