IROQUOIS MEMORIAL HOSPITAL — financial and operating metrics

CCN 141353, WATSEKA, IL · Medicare cost reports, FY2023–FY2025

Short reporting period. FY2023 (75 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2023
75d
FY2024FY2025
Total facility beds availableunverified252525
Total bed days availableunverified1,9009,1509,125
Total facility dischargesunverified65200200
Total facility inpatient daysunverified2268811,384
Total patient revenue (gross charges)unverified$14,874,400$81,080,214$78,763,146
Contractual allowances and discountsunverified$4,552,003$50,048,909$37,153,397
Net patient revenueunverified$10,322,397$31,031,305$41,609,749
Total operating expensesunverified$6,579,511$43,535,501$42,001,111
Net income from service to patientsunverified$3,742,886$-12,504,196$-391,362
Net incomeunverified$5,377,359$-10,907,989$1,216,134
Cost of uncompensated careunverified$7,641$867,085$1,032,162
Total facility bad debt expenseunverified$1$1,747,762$2,056,743
Charity care charges and uninsured discountsunverified$16,177$58,085$151,464
Cost of charity careunverified$7,641$27,890$70,797
Operating marginunverified36.3%-40.3%-0.9%
Overall cost-to-charge ratiounverified44.2%53.7%53.3%
Occupancy rateunverified11.9%9.6%15.2%
Average length of stayunverified3.54.46.9
Uncompensated care as % of operating expenseunverified0.1%2.0%2.5%
Charity care cost-to-charge ratiounverified47.2%48.0%46.7%
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