HORN MEMORIAL HOSPITAL — financial and operating metrics

CCN 161354, IDA GROVE, 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 availableunverified9,1509,1509,1259,1259,1509,125
Total facility dischargesunverified223240168152131136
Total facility inpatient daysunverified2,1542,0291,6281,4731,4561,345
Total patient revenue (gross charges)unverified$31,112,015$35,393,602$38,149,970$37,299,463$35,850,145$35,914,005
Contractual allowances and discountsunverified$11,640,037$12,987,077$14,018,609$12,858,665$10,225,356$10,960,285
Net patient revenueunverified$19,471,978$22,406,525$24,131,361$24,440,798$25,624,789$24,953,720
Total operating expensesunverified$21,899,106$23,706,454$26,088,126$27,502,935$29,616,515$28,785,691
Net income from service to patientsunverified$-2,427,128$-1,299,929$-1,956,765$-3,062,137$-3,991,726$-3,831,971
Net incomeunverified$1,970,622$467,996$408,194$-1,646,454$-2,209,407$-1,200,650
Cost of uncompensated careunverified$334,750$167,206$214,544$231,977$270,309$518,047
Total facility bad debt expenseunverified$437,290$226,786$293,627$293,627$326,734$645,996
Charity care charges and uninsured discountsunverified$44,255$30,145$21,920$21,920$8,610$21,244
Cost of charity careunverified$30,984$19,994$14,904$16,115$6,940$16,494
Operating marginunverified-12.5%-5.8%-8.1%-12.5%-15.6%-15.4%
Overall cost-to-charge ratiounverified70.4%67.0%68.4%73.7%82.6%80.2%
Occupancy rateunverified23.5%22.2%17.8%16.1%15.9%14.7%
Average length of stayunverified9.78.59.79.711.19.9
Uncompensated care as % of operating expenseunverified1.5%0.7%0.8%0.8%0.9%1.8%
Charity care cost-to-charge ratiounverified70.0%66.3%68.0%73.5%80.6%77.6%
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