WAVERLY HEALTH CENTER — financial and operating metrics

CCN 161339, WAVERLY, 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 availableunverified212121212121
Total bed days availableunverified7,6867,6657,6657,6657,6867,665
Total facility dischargesunverified843862885799721549
Total facility inpatient daysunverified3,2272,8663,1833,0602,9222,853
Total patient revenue (gross charges)unverified$111,253,367$120,650,675$131,022,200$142,530,922$156,913,578$162,361,208
Contractual allowances and discountsunverified$55,067,885$60,582,436$66,356,960$73,973,879$73,665,885$76,051,540
Net patient revenueunverified$56,185,482$60,068,239$64,665,240$68,557,043$83,247,693$86,309,668
Total operating expensesunverified$60,433,575$64,368,016$69,820,659$74,453,775$79,408,983$83,060,067
Net income from service to patientsunverified$-4,248,093$-4,299,777$-5,155,419$-5,896,732$3,838,710$3,249,601
Net incomeunverified$1,722,472$4,933,823$4,135,301$-781,583$5,162,430$4,317,720
Cost of uncompensated careunverified$747,138$572,076$703,893$925,380$1,029,868$1,172,617
Total facility bad debt expenseunverified$1,233,032$861,725$1,135,542$996,503$1,430,282$1,644,932
Charity care charges and uninsured discountsunverified$438,129$430,472$462,791$654,106$445,652$491,226
Cost of charity careunverified$123,259$155,021$148,294$440,321$347,655$374,183
Operating marginunverified-7.6%-7.2%-8.0%-8.6%4.6%3.8%
Overall cost-to-charge ratiounverified54.3%53.4%53.3%52.2%50.6%51.2%
Occupancy rateunverified42.0%37.4%41.5%39.9%38.0%37.2%
Average length of stayunverified3.83.33.63.84.15.2
Uncompensated care as % of operating expenseunverified1.2%0.9%1.0%1.2%1.3%1.4%
Charity care cost-to-charge ratiounverified28.1%36.0%32.0%67.3%78.0%76.2%
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