BANNER FORT COLLINS MEDICAL CENTER — financial and operating metrics

CCN 060126, FORT COLLINS, 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 availableunverified292929292929
Total bed days availableunverified10,61410,58510,58510,58510,61410,585
Total facility dischargesunverified1,0261,3101,4481,3781,2731,343
Total facility inpatient daysunverified3,3504,6114,7924,6324,1374,409
Total patient revenue (gross charges)unverified$101,861,694$125,237,255$136,071,069$171,803,171$171,982,260$210,302,945
Contractual allowances and discountsunverified$62,078,136$75,932,988$84,107,725$111,578,885$110,978,958$136,521,940
Net patient revenueunverified$39,783,558$49,304,267$51,963,344$60,224,286$61,003,302$73,781,005
Total operating expensesunverified$46,231,112$50,917,536$53,195,559$56,577,182$60,002,766$68,013,442
Net income from service to patientsunverified$-6,447,554$-1,613,269$-1,232,215$3,647,104$1,000,536$5,767,563
Net incomeunverified$3,499,674$52,541$-722,964$7,267,833$1,296,890$6,031,268
Cost of uncompensated careunverified$1,385,483$1,173,772$758,000$1,128,391$1,146,295$1,516,102
Total facility bad debt expenseunverified$1,510,854$1,327,757$814,680$1,534,680$1,368,243$1,083,272
Charity care charges and uninsured discountsunverified$2,072,818$1,797,622$1,322,534$2,124,274$2,222,047$3,269,535
Cost of charity careunverified$818,487$676,559$475,293$667,429$720,720$1,211,976
Charges for insured patients' liabilityunverified$149,803$88,560$132,636
Operating marginunverified-16.2%-3.3%-2.4%6.1%1.6%7.8%
Overall cost-to-charge ratiounverified45.4%40.7%39.1%32.9%34.9%32.3%
Occupancy rateunverified31.6%43.6%45.3%43.8%39.0%41.7%
Average length of stayunverified3.33.53.33.43.23.3
Uncompensated care as % of operating expenseunverified3.0%2.3%1.4%2.0%1.9%2.2%
Charity care cost-to-charge ratiounverified39.5%37.6%35.9%31.4%32.4%37.1%
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