MERCYONE WATERLOO MEDICAL CENTER — financial and operating metrics

CCN 160067, WATERLOO, 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 availableunverified162162162134137137
Total bed days availableunverified59,29259,13059,13048,91050,14250,005
Total facility dischargesunverified4,6014,7754,7754,8586,8386,820
Total facility inpatient daysunverified24,45926,08828,79528,90830,31030,239
Total patient revenue (gross charges)unverified$893,457,382$1,036,531,450$1,123,455,870$1,176,794,433$1,244,698,113$1,319,125,306
Contractual allowances and discountsunverified$607,684,145$755,389,278$839,166,631$893,466,180$894,163,995$948,041,246
Net patient revenueunverified$285,773,237$281,142,172$284,289,239$283,328,253$350,534,118$371,084,060
Total operating expensesunverified$267,126,297$279,781,895$305,090,976$297,728,517$400,833,731$389,275,740
Net income from service to patientsunverified$18,646,940$1,360,277$-20,801,737$-14,400,264$-50,299,613$-18,191,680
Net incomeunverified$10,401,567$12,039,135$-17,001,116$-7,699,087$-56,185,235$34,136,174
Cost of uncompensated careunverified$5,674,024$6,574,833$7,466,281$6,598,651$6,469,234$13,750,840
Total facility bad debt expenseunverified$6,111,544$5,723,095$4,990,675$7,215,494$8,665,390$19,251,081
Charity care charges and uninsured discountsunverified$9,470,780$9,425,480$10,197,297$9,752,693$5,240,616$14,728,950
Cost of charity careunverified$4,134,673$5,289,638$6,303,554$5,071,802$4,295,368$8,507,505
Operating marginunverified6.5%0.5%-7.3%-5.1%-14.3%-4.9%
Overall cost-to-charge ratiounverified29.9%27.0%27.2%25.3%32.2%29.5%
Occupancy rateunverified41.3%44.1%48.7%59.1%60.4%60.5%
Average length of stayunverified5.35.56.06.04.44.4
Uncompensated care as % of operating expenseunverified2.1%2.3%2.4%2.2%1.6%3.5%
Charity care cost-to-charge ratiounverified43.7%56.1%61.8%52.0%82.0%57.8%
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