SHENANDOAH MEDICAL CENTER — financial and operating metrics

CCN 161366, SHENANDOAH, 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 dischargesunverified503586566343384328
Total facility inpatient daysunverified1,8412,1101,8421,8541,8831,857
Total patient revenue (gross charges)unverified$75,834,080$91,086,866$97,120,644$106,690,534$125,256,207$136,982,818
Contractual allowances and discountsunverified$39,789,662$51,274,050$53,790,972$54,323,419$65,813,363$69,937,058
Net patient revenueunverified$36,044,418$39,812,816$43,329,672$52,367,115$59,442,844$67,045,760
Total operating expensesunverified$41,702,105$44,866,846$46,330,174$53,579,120$62,548,759$69,252,968
Net income from service to patientsunverified$-5,657,687$-5,054,030$-3,000,502$-1,212,005$-3,105,915$-2,207,208
Net incomeunverified$4,240,366$4,984,259$740,870$5,130,149$4,630,466$5,066,216
Cost of uncompensated careunverified$1,778,380$1,628,064$1,296,513$1,377,834$1,077,343$1,226,165
Total facility bad debt expenseunverified$3,588,252$3,672,826$2,934,214$3,013,892$2,325,591$2,568,539
Charity care charges and uninsured discountsunverified$93,452$63,880$47,928$84,905$39,824$63,808
Cost of charity careunverified$42,657$51,893$41,402$77,511$28,492$45,817
Operating marginunverified-15.7%-12.7%-6.9%-2.3%-5.2%-3.3%
Overall cost-to-charge ratiounverified55.0%49.3%47.7%50.2%49.9%50.6%
Occupancy rateunverified20.1%23.1%20.2%20.3%20.6%20.4%
Average length of stayunverified3.73.63.35.44.95.7
Uncompensated care as % of operating expenseunverified4.3%3.6%2.8%2.6%1.7%1.8%
Charity care cost-to-charge ratiounverified45.6%81.2%86.4%91.3%71.5%71.8%
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