BANNER IRONWOOD MEDICAL CENTER — financial and operating metrics

CCN 030130, QUEEN CREEK, 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 availableunverified898989898989
Total bed days availableunverified32,57432,48532,48532,48532,57432,485
Total facility dischargesunverified5,2495,7565,9586,0686,0636,480
Total facility inpatient daysunverified16,91921,19019,34319,78718,67220,711
Total patient revenue (gross charges)unverified$518,290,141$552,629,974$507,455,608$534,152,590$555,346,393$597,784,155
Contractual allowances and discountsunverified$419,514,915$427,493,490$391,930,008$405,916,821$416,500,819$444,035,000
Net patient revenueunverified$98,775,226$125,136,484$115,525,600$128,235,769$138,845,574$153,749,155
Total operating expensesunverified$91,197,445$121,693,207$117,456,682$115,387,429$125,585,550$133,331,111
Net income from service to patientsunverified$7,577,781$3,443,277$-1,931,082$12,848,340$13,260,024$20,418,044
Net incomeunverified$15,571,938$8,174,137$771,243$13,984,447$25,799,254$21,786,561
Cost of uncompensated careunverified$3,418,770$3,585,715$3,335,686$3,552,720$4,042,491$6,768,784
Total facility bad debt expenseunverified$5,980,373$6,152,752$5,486,672$5,411,111$5,824,036$4,996,536
Charity care charges and uninsured discountsunverified$11,999,015$10,526,254$9,837,189$13,052,208$14,459,434$22,570,015
Cost of charity careunverified$2,373,452$2,280,631$2,147,433$2,525,450$2,905,254$5,828,088
Charges for insured patients' liabilityunverified$286,395$363,778$586,514
Operating marginunverified7.7%2.8%-1.7%10.0%9.6%13.3%
Overall cost-to-charge ratiounverified17.6%22.0%23.1%21.6%22.6%22.3%
Occupancy rateunverified51.9%65.2%59.5%60.9%57.3%63.8%
Average length of stayunverified3.23.73.23.33.13.2
Uncompensated care as % of operating expenseunverified3.7%2.9%2.8%3.1%3.2%5.1%
Charity care cost-to-charge ratiounverified19.8%21.7%21.8%19.3%20.1%25.8%
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