RIO GRANDE HOSPITAL — financial and operating metrics

CCN 061301, DEL NORTE, CO · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified171717171717
Total bed days availableunverified6,2056,2226,2056,2056,2056,222
Total facility dischargesunverified563456511649651651
Total facility inpatient daysunverified2,4432,0572,4362,8362,6752,292
Total patient revenue (gross charges)unverified$42,376,534$39,761,668$46,907,245$51,319,342$55,663,445$59,263,588
Contractual allowances and discountsunverified$19,378,606$18,325,121$22,203,745$24,649,228$26,102,894$26,669,211
Net patient revenueunverified$22,997,928$21,436,547$24,703,500$26,670,114$29,560,551$32,594,377
Total operating expensesunverified$22,041,147$22,778,223$24,792,489$28,344,858$31,661,939$34,917,689
Net income from service to patientsunverified$956,781$-1,341,676$-88,989$-1,674,744$-2,101,388$-2,323,312
Net incomeunverified$2,626,224$103,344$7,147,103$2,948,937$1,585,771$3,736,169
Cost of uncompensated careunverified$514,500$386,139$666,129$735,446$738,866$986,104
Total facility bad debt expenseunverified$940,200$561,876$1,083,294$1,083,294$1,083,294$1,918,116
Charity care charges and uninsured discountsunverified$183,139$245,377$345,523$345,523$345,523
Cost of charity careunverified$75,860$99,125$162,228$178,505$180,134
Operating marginunverified4.2%-6.3%-0.4%-6.3%-7.1%-7.1%
Overall cost-to-charge ratiounverified52.0%57.3%52.9%55.2%56.9%58.9%
Occupancy rateunverified39.4%33.1%39.3%45.7%43.1%36.8%
Average length of stayunverified4.34.54.84.44.13.5
Uncompensated care as % of operating expenseunverified2.3%1.7%2.7%2.6%2.3%2.8%
Charity care cost-to-charge ratiounverified41.4%40.4%47.0%51.7%52.1%
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