GRAND RIVER HOSPITAL DISTRICT — financial and operating metrics

CCN 061317, RIFLE, 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 availableunverified122725252525
Total bed days availableunverified4,3929,6439,1259,1259,1509,125
Total facility dischargesunverified522579568500500368
Total facility inpatient daysunverified2,0662,7112,7922,8922,7582,097
Total patient revenue (gross charges)unverified$132,130,787$154,234,023$168,088,568$197,555,552$215,913,323$244,856,061
Contractual allowances and discountsunverified$60,284,225$73,254,784$82,871,158$107,776,122$111,579,751$130,236,285
Net patient revenueunverified$71,846,562$80,979,239$85,217,410$89,779,430$104,333,572$114,619,776
Total operating expensesunverified$92,201,198$103,063,950$111,477,972$115,602,176$125,279,650$132,028,426
Net income from service to patientsunverified$-20,354,636$-22,084,711$-26,260,562$-25,822,746$-20,946,078$-17,408,650
Net incomeunverified$6,709,577$1,324,143$-5,034,364$5,398,648$18,109,378$12,351,075
Cost of uncompensated careunverified$6,878,991$4,753,839$4,622,290$6,170,312$6,459,493$7,534,224
Total facility bad debt expenseunverified$6,814,107$4,753,805$6,168,633$8,318,439$7,957,070$10,130,206
Charity care charges and uninsured discountsunverified$3,106,219$2,432,958$1,013,420$2,134,414$2,904,551$4,039,970
Cost of charity careunverified$2,281,062$1,675,836$685,156$1,353,540$1,931,897$2,274,971
Operating marginunverified-28.3%-27.3%-30.8%-28.8%-20.1%-15.2%
Overall cost-to-charge ratiounverified69.8%66.8%66.3%58.5%58.0%53.9%
Occupancy rateunverified47.0%28.1%30.6%31.7%30.1%23.0%
Average length of stayunverified4.04.74.95.85.55.7
Uncompensated care as % of operating expenseunverified7.5%4.6%4.1%5.3%5.2%5.7%
Charity care cost-to-charge ratiounverified73.4%68.9%67.6%63.4%66.5%56.3%
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