CHEROKEE REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 161362, CHEROKEE, 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 availableunverified252525251525
Total bed days availableunverified9,1509,1259,1259,1257,3155,655
Total facility dischargesunverified562594568438456434
Total facility inpatient daysunverified2,6532,4692,1391,7221,6081,601
Total patient revenue (gross charges)unverified$50,931,261$66,884,779$71,721,450$80,509,215$81,332,912$87,239,656
Contractual allowances and discountsunverified$11,791,655$23,311,567$25,917,026$31,512,689$30,381,700$29,485,316
Net patient revenueunverified$39,139,606$43,573,212$45,804,424$48,996,526$50,951,212$57,754,340
Total operating expensesunverified$40,407,252$44,078,606$49,016,901$53,593,006$56,878,502$60,762,002
Net income from service to patientsunverified$-1,267,646$-505,394$-3,212,477$-4,596,480$-5,927,290$-3,007,662
Net incomeunverified$3,915,862$9,380,080$2,525,733$5,178,639$3,717,596$8,162,934
Cost of uncompensated careunverified$1,002,911$693,973$1,487,321$1,702,304$1,247,301$1,119,865
Total facility bad debt expenseunverified$851,122$898,987$1,986,046$2,450,147$1,616,155$1,253,202
Charity care charges and uninsured discountsunverified$432,672$180,119$241,970$215,696$337,040$535,488
Cost of charity careunverified$346,910$118,202$161,528$139,356$218,424$347,266
Operating marginunverified-3.2%-1.2%-7.0%-9.4%-11.6%-5.2%
Overall cost-to-charge ratiounverified79.3%65.9%68.3%66.6%69.9%69.6%
Occupancy rateunverified29.0%27.1%23.4%18.9%22.0%28.3%
Average length of stayunverified4.74.23.83.93.53.7
Uncompensated care as % of operating expenseunverified2.5%1.6%3.0%3.2%2.2%1.8%
Charity care cost-to-charge ratiounverified80.2%65.6%66.8%64.6%64.8%64.9%
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