HEGG MEMORIAL HEALTH CENTER — financial and operating metrics

CCN 161336, ROCK VALLEY, 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified215167144137124108
Total facility inpatient daysunverified1,4021,5531,0281,2231,033824
Total patient revenue (gross charges)unverified$27,282,411$30,167,002$31,099,390$33,209,681$34,312,712$33,571,874
Contractual allowances and discountsunverified$6,783,032$7,271,518$7,719,705$9,364,879$8,092,766$7,624,249
Net patient revenueunverified$20,499,379$22,895,484$23,379,685$23,844,802$26,219,946$25,947,625
Total operating expensesunverified$23,680,790$24,677,725$26,363,722$26,999,553$28,914,213$30,197,028
Net income from service to patientsunverified$-3,181,411$-1,782,241$-2,984,037$-3,154,751$-2,694,267$-4,249,403
Net incomeunverified$135,810$7,833,829$-921,439$811,878$3,066,836$2,306,916
Cost of uncompensated careunverified$166,020$172,922$135,197$229,523$275,481$426,803
Total facility bad debt expenseunverified$157,908$134,296$123,594$266,163$279,707$375,714
Charity care charges and uninsured discountsunverified$41,042$86,293$47,203$36,918$78,805$153,832
Cost of charity careunverified$37,385$70,206$38,790$30,499$64,144$130,131
Operating marginunverified-15.5%-7.8%-12.8%-13.2%-10.3%-16.4%
Overall cost-to-charge ratiounverified86.8%81.8%84.8%81.3%84.3%89.9%
Occupancy rateunverified15.3%17.0%11.3%13.4%11.3%9.0%
Average length of stayunverified6.59.37.18.98.37.6
Uncompensated care as % of operating expenseunverified0.7%0.7%0.5%0.9%1.0%1.4%
Charity care cost-to-charge ratiounverified91.1%81.4%82.2%82.6%81.4%84.6%
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