SPANISH PEAKS REGIONAL HEALTH CENTER — financial and operating metrics

CCN 061316, WALSENBURG, 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 availableunverified202020202020
Total bed days availableunverified7,3207,3007,3007,3007,3207,300
Total facility dischargesunverified126158167179182162
Total facility inpatient daysunverified4,1373,6273,3754,5354,5854,245
Total patient revenue (gross charges)unverified$29,572,234$32,471,078$36,307,387$45,703,960$50,313,992$50,759,577
Contractual allowances and discountsunverified$5,390,541$7,836,137$10,801,490$11,823,519$15,403,103$14,934,359
Net patient revenueunverified$24,181,693$24,634,941$25,505,897$33,880,441$34,910,889$35,825,218
Total operating expensesunverified$26,973,507$27,806,856$34,762,078$40,294,647$41,994,848$42,827,175
Net income from service to patientsunverified$-2,791,814$-3,171,915$-9,256,181$-6,414,206$-7,083,959$-7,001,957
Net incomeunverified$4,505,627$5,559,085$-4,536,788$-2,070,375$-1,147,770$-3,208,659
Cost of uncompensated careunverified$628,530$5,189
Total facility bad debt expenseunverified$221,686$14,826
Charity care charges and uninsured discountsunverified$469,489
Cost of charity careunverified$438,927
Operating marginunverified-11.5%-12.9%-36.3%-18.9%-20.3%-19.5%
Overall cost-to-charge ratiounverified91.2%85.6%95.7%88.2%83.5%84.4%
Occupancy rateunverified56.5%49.7%46.2%62.1%62.6%58.2%
Average length of stayunverified32.823.020.225.325.226.2
Uncompensated care as % of operating expenseunverified2.3%0.0%
Charity care cost-to-charge ratiounverified93.5%
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