FLOYD VALLEY HEALTHCARE — financial and operating metrics

CCN 161368, LE MARS, 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 dischargesunverified510555525476434532
Total facility inpatient daysunverified2,3402,4032,2352,1171,9902,374
Total patient revenue (gross charges)unverified$62,291,584$71,167,892$73,506,905$74,813,324$81,087,223$83,338,542
Contractual allowances and discountsunverified$26,263,830$28,642,593$30,466,834$30,717,967$30,433,719$27,346,194
Net patient revenueunverified$36,027,754$42,525,299$43,040,071$44,095,357$50,653,504$55,992,348
Total operating expensesunverified$42,806,969$46,583,683$46,180,069$47,819,613$53,302,448$59,118,730
Net income from service to patientsunverified$-6,779,215$-4,058,384$-3,139,998$-3,724,256$-2,648,944$-3,126,382
Net incomeunverified$902,522$6,275,949$6,874,234$3,611,627$6,663,049$8,222,115
Cost of uncompensated careunverified$970,436$743,627$1,157,493$633,897$827,812$1,359,566
Total facility bad debt expenseunverified$1,221,568$949,701$1,572,600$709,318$921,293$1,636,319
Charity care charges and uninsured discountsunverified$238,296$238,896$315,552$330,035$485,793$577,904
Cost of charity careunverified$209,773$185,586$196,433$201,287$285,800$354,842
Operating marginunverified-18.8%-9.5%-7.3%-8.4%-5.2%-5.6%
Overall cost-to-charge ratiounverified68.7%65.5%62.8%63.9%65.7%70.9%
Occupancy rateunverified25.6%26.3%24.5%23.2%21.7%26.0%
Average length of stayunverified4.64.34.34.44.64.5
Uncompensated care as % of operating expenseunverified2.3%1.6%2.5%1.3%1.6%2.3%
Charity care cost-to-charge ratiounverified88.0%77.7%62.3%61.0%58.8%61.4%
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