FLOYD COUNTY MEDICAL CENTER — financial and operating metrics

CCN 161347, CHARLES CITY, 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 dischargesunverified396371475336391387
Total facility inpatient daysunverified2,9932,7073,7133,1763,4932,950
Total patient revenue (gross charges)unverified$55,914,390$59,425,910$73,088,905$75,239,746$88,130,054$99,285,688
Contractual allowances and discountsunverified$27,644,707$29,534,981$38,294,946$37,693,518$39,928,421$43,487,838
Net patient revenueunverified$28,269,683$29,890,929$34,793,959$37,546,228$48,201,633$55,797,850
Total operating expensesunverified$31,098,681$31,633,182$33,801,777$40,014,709$47,551,344$54,131,337
Net income from service to patientsunverified$-2,828,998$-1,742,253$992,182$-2,468,481$650,289$1,666,513
Net incomeunverified$128,236$8,665,328$4,071,270$2,941,113$5,332,402$7,100,934
Cost of uncompensated careunverified$1,130,157$634,558$754,353$737,420$1,371,239$1,372,865
Total facility bad debt expenseunverified$2,075,402$1,239,236$1,563,899$1,384,730$2,683,301$2,714,660
Charity care charges and uninsured discountsunverified$72,387$30,680$72,327$49,320$178$28,374
Cost of charity careunverified$49,379$29,474$35,616$30,357$91$28,374
Operating marginunverified-10.0%-5.8%2.9%-6.6%1.3%3.0%
Overall cost-to-charge ratiounverified55.6%53.2%46.2%53.2%54.0%54.5%
Occupancy rateunverified32.7%29.7%40.7%34.8%38.2%32.3%
Average length of stayunverified7.67.37.89.58.97.6
Uncompensated care as % of operating expenseunverified3.6%2.0%2.2%1.8%2.9%2.5%
Charity care cost-to-charge ratiounverified68.2%96.1%49.2%61.6%51.1%100.0%
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