SKY RIDGE MEDICAL CENTER — financial and operating metrics

CCN 060112, LONE TREE, CO · 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 availableunverified272274273273273273
Total bed days availableunverified87,18699,91899,888100,01099,91899,645
Total facility dischargesunverified15,00515,22916,00815,99216,31617,224
Total facility inpatient daysunverified57,56961,71567,14364,44764,67667,800
Total patient revenue (gross charges)unverified$3,731,861,547$4,357,977,230$4,971,250,406$5,517,292,526$6,353,969,780$6,878,124,135
Contractual allowances and discountsunverified$3,233,863,411$3,819,624,129$4,412,972,361$4,972,618,277$5,774,742,458$6,274,647,871
Net patient revenueunverified$497,998,136$538,353,101$558,278,045$544,674,249$579,227,322$603,476,264
Total operating expensesunverified$328,741,737$349,507,434$375,262,291$387,210,524$427,442,493$464,640,285
Net income from service to patientsunverified$169,256,399$188,845,667$183,015,754$157,463,725$151,784,829$138,835,979
Net incomeunverified$170,405,536$191,012,130$185,927,654$160,724,016$155,871,421$143,139,821
Cost of uncompensated careunverified$5,286,234$5,854,705$8,874,695$6,018,143$12,799,473$11,622,179
Total facility bad debt expenseunverified$10,791,673$8,581,077$7,378,981$14,397,846$12,648,595$12,377,084
Charity care charges and uninsured discountsunverified$50,700,013$53,120,183$79,602,718$43,339,781$116,172,742$128,496,916
Cost of charity careunverified$4,361,872$5,171,122$8,290,377$4,980,570$11,915,049$10,806,561
Charges for insured patients' liabilityunverified$3,079,459
Operating marginunverified34.0%35.1%32.8%28.9%26.2%23.0%
Overall cost-to-charge ratiounverified8.8%8.0%7.5%7.0%6.7%6.8%
Occupancy rateunverified66.0%61.8%67.2%64.4%64.7%68.0%
Average length of stayunverified3.84.14.24.04.03.9
Uncompensated care as % of operating expenseunverified1.6%1.7%2.4%1.6%3.0%2.5%
Charity care cost-to-charge ratiounverified8.6%9.7%10.4%11.5%10.3%8.4%
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