MERCY MEDICAL CENTER - CEDAR RAPIDS — financial and operating metrics

CCN 160079, 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 availableunverified207216216216216216
Total bed days availableunverified75,63278,84078,84078,84079,05678,840
Total facility dischargesunverified9,7789,9958,9838,9259,5309,998
Total facility inpatient daysunverified38,46242,47644,54842,60945,42541,796
Total patient revenue (gross charges)unverified$1,254,400,541$1,339,670,311$1,470,365,073$1,572,102,110$1,622,258,597$1,745,435,373
Contractual allowances and discountsunverified$923,902,000$982,980,000$1,088,825,073$1,171,045,110$1,206,977,464$1,237,762,222
Net patient revenueunverified$330,498,541$356,690,311$381,540,000$401,057,000$415,281,133$507,673,151
Total operating expensesunverified$343,017,981$353,733,566$413,741,000$452,456,000$475,591,378$518,537,995
Net income from service to patientsunverified$-12,519,440$2,956,745$-32,201,000$-51,399,000$-60,310,245$-10,864,844
Net incomeunverified$20,133,000$119,312,000$-15,451,000$-24,420,000$10,970,000$10,346,004
Cost of uncompensated careunverified$10,235,416$9,855,051$10,837,857$10,326,396$11,936,713$12,262,465
Total facility bad debt expenseunverified$7,847,462$4,621,499$6,818,440$5,573,908$9,929,609$9,846,438
Charity care charges and uninsured discountsunverified$20,705,887$19,734,365$18,446,642$18,089,492$17,628,878$18,933,077
Cost of charity careunverified$8,455,769$8,741,379$9,271,294$9,031,570$9,510,786$9,989,717
Operating marginunverified-3.8%0.8%-8.4%-12.8%-14.5%-2.1%
Overall cost-to-charge ratiounverified27.3%26.4%28.1%28.8%29.3%29.7%
Occupancy rateunverified50.9%53.9%56.5%54.0%57.5%53.0%
Average length of stayunverified3.94.25.04.84.84.2
Uncompensated care as % of operating expenseunverified3.0%2.8%2.6%2.3%2.5%2.4%
Charity care cost-to-charge ratiounverified40.8%44.3%50.3%49.9%54.0%52.8%
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