GRINNELL REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 160147, GRINNELL, 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 availableunverified333333342121
Total bed days availableunverified12,04512,04512,04512,4107,6867,686
Total facility dischargesunverified1,0771,2371,1211,2911,3281,407
Total facility inpatient daysunverified4,2184,6453,8944,9404,8864,901
Total patient revenue (gross charges)unverified$127,313,844$154,450,004$157,205,996$161,543,021$166,394,699$167,900,884
Contractual allowances and discountsunverified$78,524,220$93,603,701$96,569,848$97,719,736$96,036,062$97,546,084
Net patient revenueunverified$48,789,624$60,846,303$60,636,148$63,823,285$70,358,637$70,354,800
Total operating expensesunverified$55,233,973$60,693,262$65,476,283$66,027,933$70,474,675$76,046,863
Net income from service to patientsunverified$-6,444,349$153,041$-4,840,135$-2,204,648$-116,038$-5,692,063
Net incomeunverified$-3,447,491$1,997,005$-933,587$176,474$2,812,364$-3,306,117
Cost of uncompensated careunverified$778,184$879,674$990,750$767,257$1,031,306$1,173,867
Total facility bad debt expenseunverified$1,613,665$2,035,361$1,996,152$1,560,844$2,296,845$2,745,970
Charity care charges and uninsured discountsunverified$320,327$363,650$370,423$516,580$546,559$369,985
Cost of charity careunverified$222,363$225,300$292,783$258,945$265,019$201,071
Operating marginunverified-13.2%0.3%-8.0%-3.5%-0.2%-8.1%
Overall cost-to-charge ratiounverified43.4%39.3%41.6%40.9%42.4%45.3%
Occupancy rateunverified35.0%38.6%32.3%39.8%63.6%63.8%
Average length of stayunverified3.93.83.53.83.73.5
Uncompensated care as % of operating expenseunverified1.4%1.4%1.5%1.2%1.5%1.5%
Charity care cost-to-charge ratiounverified69.4%62.0%79.0%50.1%48.5%54.3%
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