CHI HEALTH - MERCY CORNING — financial and operating metrics

CCN 161304, CORNING, 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 availableunverified222222222222
Total bed days availableunverified8,0528,0308,0308,0308,0528,030
Total facility dischargesunverified10486153175164198
Total facility inpatient daysunverified1,0269391,1051,2711,1241,259
Total patient revenue (gross charges)unverified$29,667,773$30,389,818$33,380,701$35,317,500$38,685,230$41,142,703
Contractual allowances and discountsunverified$12,586,433$13,044,350$14,158,059$16,015,216$14,158,446$15,307,508
Net patient revenueunverified$17,081,340$17,345,468$19,222,642$19,302,284$24,526,784$25,835,195
Total operating expensesunverified$18,701,402$19,354,526$20,750,311$21,662,160$23,613,495$23,860,252
Net income from service to patientsunverified$-1,620,062$-2,009,058$-1,527,669$-2,359,876$913,289$1,974,943
Net incomeunverified$391,264$-1,088,207$600,041$-565,354$2,918,090$4,051,496
Cost of uncompensated careunverified$472,883$507,028$261,320$396,530$497,180$466,113
Total facility bad debt expenseunverified$397,401$350,465$337,694$313,537$441,373$70,941
Charity care charges and uninsured discountsunverified$392,383$438,747$98,428$324,056$422,348$699,298
Cost of charity careunverified$228,746$294,420$64,064$220,713$269,559$441,283
Operating marginunverified-9.5%-11.6%-7.9%-12.2%3.7%7.6%
Overall cost-to-charge ratiounverified63.0%63.7%62.2%61.3%61.0%58.0%
Occupancy rateunverified12.7%11.7%13.8%15.8%14.0%15.7%
Average length of stayunverified9.910.97.27.36.96.4
Uncompensated care as % of operating expenseunverified2.5%2.6%1.3%1.8%2.1%2.0%
Charity care cost-to-charge ratiounverified58.3%67.1%65.1%68.1%63.8%63.1%
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