IOWA LUTHERAN HOSPITAL — financial and operating metrics

CCN 160024, DES MOINES, IA · Medicare cost reports, FY2017–FY2019

Short reporting period. FY2019 (180 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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MetricFY2017FY2018FY2019
180d
Total facility beds availableunverified164161161
Total bed days availableunverified60,02258,76529,034
Total facility dischargesunverified7,8767,8973,985
Total facility inpatient daysunverified35,64936,00119,019
Total patient revenue (gross charges)unverified$525,334,723$587,547,010$301,066,234
Contractual allowances and discountsunverified$392,182,323$445,412,533$226,822,632
Net patient revenueunverified$133,152,400$142,134,477$74,243,602
Total operating expensesunverified$106,452,759$113,162,297$56,686,597
Net income from service to patientsunverified$26,699,641$28,972,180$17,557,005
Net incomeunverified$29,027,728$30,907,627$18,942,732
Cost of uncompensated careunverified$5,128,869$3,592,971$1,819,149
Total facility bad debt expenseunverified$5,047,080$6,137,815$2,844,409
Charity care charges and uninsured discountsunverified$6,418,591$6,710,569$3,409,840
Cost of charity careunverified$3,937,846$2,168,793$1,128,804
Operating marginunverified20.1%20.4%23.6%
Overall cost-to-charge ratiounverified20.3%19.3%18.8%
Occupancy rateunverified59.4%61.3%65.5%
Average length of stayunverified4.54.64.8
Uncompensated care as % of operating expenseunverified4.8%3.2%3.2%
Charity care cost-to-charge ratiounverified61.4%32.3%33.1%
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