RIVERVIEW HEALTH — financial and operating metrics

CCN 150059, NOBLESVILLE, IN · 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 availableunverified119119121121133130
Total bed days availableunverified46,48243,43544,16544,16548,67847,450
Total facility dischargesunverified4,0754,4294,3093,9563,6104,047
Total facility inpatient daysunverified16,92518,73517,41514,39215,15815,495
Total patient revenue (gross charges)unverified$560,203,622$686,952,155$745,646,222$837,599,142$953,234,269$1,093,047,372
Contractual allowances and discountsunverified$370,034,480$464,692,081$512,510,479$586,760,992$681,467,450$792,136,113
Net patient revenueunverified$190,169,142$222,260,074$233,135,743$250,838,150$271,766,819$300,911,259
Total operating expensesunverified$240,602,817$261,657,380$277,535,793$295,078,964$324,422,194$353,645,733
Net income from service to patientsunverified$-50,433,675$-39,397,306$-44,400,050$-44,240,814$-52,655,375$-52,734,474
Net incomeunverified$-28,497,180$-13,992,326$-36,786,567$-23,535,995$-31,579,453$-11,213,313
Cost of uncompensated careunverified$7,794,959$7,291,974$6,927,021$5,791,627$6,915,444$5,160,085
Total facility bad debt expenseunverified$12,027,706$14,505,451$16,640,210$13,844,400$17,687,199$15,066,155
Charity care charges and uninsured discountsunverified$10,734,339$9,153,153$7,364,545$6,372,405$7,084,995$5,515,290
Cost of charity careunverified$4,106,480$3,267,027$2,338,918$2,167,819$2,396,627$1,708,173
Charges for insured patients' liabilityunverified$121,603$120,051
Operating marginunverified-26.5%-17.7%-19.0%-17.6%-19.4%-17.5%
Overall cost-to-charge ratiounverified42.9%38.1%37.2%35.2%34.0%32.4%
Occupancy rateunverified36.4%43.1%39.4%32.6%31.1%32.7%
Average length of stayunverified4.24.24.03.64.23.8
Uncompensated care as % of operating expenseunverified3.2%2.8%2.5%2.0%2.1%1.5%
Charity care cost-to-charge ratiounverified38.3%35.7%31.8%34.0%33.8%31.0%
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