ST LUKES HOSPITAL — financial and operating metrics

CCN 160045, CEDAR RAPIDS, 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 availableunverified339278281280279294
Total bed days availableunverified119,543102,618101,251102,200102,114105,606
Total facility dischargesunverified12,41312,87612,57312,92413,32413,884
Total facility inpatient daysunverified57,76760,82759,25361,81059,35261,166
Total patient revenue (gross charges)unverified$1,037,453,649$1,204,703,823$1,253,340,256$1,311,157,200$1,417,398,028$1,639,120,667
Contractual allowances and discountsunverified$718,703,639$836,360,263$878,576,817$891,501,019$934,941,173$1,092,801,749
Net patient revenueunverified$318,750,010$368,343,560$374,763,439$419,656,181$482,456,855$546,318,918
Total operating expensesunverified$230,589,803$257,372,415$286,158,319$296,679,651$325,935,156$374,436,328
Net income from service to patientsunverified$88,160,207$110,971,145$88,605,120$122,976,530$156,521,699$171,882,590
Net incomeunverified$39,508,337$44,105,299$-21,623,160$47,945,744$35,898,211$90,533,485
Cost of uncompensated careunverified$4,617,512$4,422,595$4,641,760$4,761,823$5,664,021$7,269,577
Total facility bad debt expenseunverified$9,243,224$9,762,014$9,213,865$8,284,429$12,151,994$14,651,513
Charity care charges and uninsured discountsunverified$4,646,602$4,301,521$4,270,977$5,130,853$5,602,783$7,853,707
Cost of charity careunverified$2,131,839$1,928,938$2,082,831$2,551,206$2,490,595$3,504,222
Operating marginunverified27.7%30.1%23.6%29.3%32.4%31.5%
Overall cost-to-charge ratiounverified22.2%21.4%22.8%22.6%23.0%22.8%
Occupancy rateunverified48.3%59.3%58.5%60.5%58.1%57.9%
Average length of stayunverified4.74.74.74.84.54.4
Uncompensated care as % of operating expenseunverified2.0%1.7%1.6%1.6%1.7%1.9%
Charity care cost-to-charge ratiounverified45.9%44.8%48.8%49.7%44.5%44.6%
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