LORING HOSPITAL — financial and operating metrics

CCN 161370, SAC CITY, 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 dischargesunverified145130137102106121
Total facility inpatient daysunverified564524527403407471
Total patient revenue (gross charges)unverified$18,651,478$19,783,317$22,594,218$22,689,150$22,978,213$23,983,305
Contractual allowances and discountsunverified$7,176,940$4,565,638$5,624,906$5,058,767$2,312,049$2,847,787
Net patient revenueunverified$11,474,538$15,217,679$16,969,312$17,630,383$20,666,164$21,135,518
Total operating expensesunverified$13,008,613$14,271,302$15,842,779$16,755,385$18,342,505$18,915,288
Net income from service to patientsunverified$-1,534,075$946,377$1,126,533$874,998$2,323,659$2,220,230
Net incomeunverified$989,209$4,469,185$2,272,174$1,703,039$3,417,313$5,804,759
Cost of uncompensated careunverified$190,596$81,245$299,105$121,322$232,142$310,196
Total facility bad debt expenseunverified$273,709$157,956$438,109$162,650$238,668$331,799
Charity care charges and uninsured discountsunverified$11,452$3,276$13,026$21,589$72,293$99,833
Cost of charity careunverified$7,939$2,361$9,262$16,205$56,125$76,909
Operating marginunverified-13.4%6.2%6.6%5.0%11.2%10.5%
Overall cost-to-charge ratiounverified69.7%72.1%70.1%73.8%79.8%78.9%
Occupancy rateunverified6.2%5.7%5.8%4.4%4.4%5.2%
Average length of stayunverified3.94.03.84.03.83.9
Uncompensated care as % of operating expenseunverified1.5%0.6%1.9%0.7%1.3%1.6%
Charity care cost-to-charge ratiounverified69.3%72.1%71.1%75.1%77.6%77.0%
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