MONTGOMERY COUNTY MEMORIAL HOSPITAL — financial and operating metrics

CCN 161363, RED OAK, 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 dischargesunverified822622565426347290
Total facility inpatient daysunverified3,7132,6682,5551,5961,3501,154
Total patient revenue (gross charges)unverified$82,001,266$79,248,806$85,914,658$82,712,717$82,712,717$87,892,003
Contractual allowances and discountsunverified$38,515,022$35,089,642$39,964,723$36,961,214$37,361,214$31,391,615
Net patient revenueunverified$43,486,244$44,159,164$45,949,935$45,751,503$45,351,503$56,500,388
Total operating expensesunverified$51,493,392$51,186,718$49,281,748$50,593,155$62,128,812$65,693,622
Net income from service to patientsunverified$-8,007,148$-7,027,554$-3,331,813$-4,841,652$-16,777,309$-9,193,234
Net incomeunverified$388,361$1,248,258$1,178,768$707,680$-7,821,502$3,208,737
Cost of uncompensated careunverified$1,168,738$1,361,446$2,001,316$1,480,067$871,809$1,304,822
Total facility bad debt expenseunverified$1,518,568$2,216,708$1,996,591$1,160,792$770,475$1,417,711
Charity care charges and uninsured discountsunverified$2,374,310$937,074$1,586,720$1,438,740$673,122$673,122
Cost of charity careunverified$327,498$88,847$869,157$776,585$414,266$415,805
Operating marginunverified-18.4%-15.9%-7.3%-10.6%-37.0%-16.3%
Overall cost-to-charge ratiounverified62.8%64.6%57.4%61.2%75.1%74.7%
Occupancy rateunverified40.6%29.2%28.0%17.5%14.8%12.6%
Average length of stayunverified4.54.34.53.73.94.0
Uncompensated care as % of operating expenseunverified2.3%2.7%4.1%2.9%1.4%2.0%
Charity care cost-to-charge ratiounverified13.8%9.5%54.8%54.0%61.5%61.8%
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