MERCYONE NEWTON MEDICAL CENTER — financial and operating metrics

CCN 160032, NEWTON, IA · 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 availableunverified484848484848
Total bed days availableunverified17,56817,52017,52017,52017,56817,520
Total facility dischargesunverified686617696660661610
Total facility inpatient daysunverified3,3512,8052,9452,5292,5952,505
Total patient revenue (gross charges)unverified$109,638,333$116,618,588$126,275,758$119,307,385$132,201,398$109,784,382
Contractual allowances and discountsunverified$79,608,480$82,147,679$89,380,188$84,761,133$95,016,000$78,925,568
Net patient revenueunverified$30,029,853$34,470,909$36,895,570$34,546,252$37,185,398$30,858,814
Total operating expensesunverified$34,901,814$38,502,653$43,861,558$40,550,798$40,642,485$33,099,976
Net income from service to patientsunverified$-4,871,961$-4,031,744$-6,965,988$-6,004,546$-3,457,087$-2,241,162
Net incomeunverified$-858,754$-2,641,554$-5,060,252$-3,742,103$-1,592,565$-206,553
Cost of uncompensated careunverified$1,120,261$564,543$523,226$656,167$848,833$764,144
Total facility bad debt expenseunverified$2,993,480$1,215,093$1,127,444$1,423,013$2,341,304$1,129,289
Charity care charges and uninsured discountsunverified$280,085$327,566$363,285$485,100$785,333$1,511,559
Cost of charity careunverified$219,734$190,057$169,165$204,149$226,968$485,491
Operating marginunverified-16.2%-11.7%-18.9%-17.4%-9.3%-7.3%
Overall cost-to-charge ratiounverified31.8%33.0%34.7%34.0%30.7%30.1%
Occupancy rateunverified19.1%16.0%16.8%14.4%14.8%14.3%
Average length of stayunverified4.94.54.23.83.94.1
Uncompensated care as % of operating expenseunverified3.2%1.5%1.2%1.6%2.1%2.3%
Charity care cost-to-charge ratiounverified78.5%58.0%46.6%42.1%28.9%32.1%
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