MYRTUE MEDICAL CENTER — financial and operating metrics

CCN 161374, HARLAN, 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 dischargesunverified597525621621491521
Total facility inpatient daysunverified3,0092,8953,2352,8922,2782,201
Total patient revenue (gross charges)unverified$73,083,897$73,385,816$71,942,108$84,832,193$90,254,423$100,161,824
Contractual allowances and discountsunverified$31,144,303$31,142,934$31,142,934$36,008,122$35,522,582$40,259,393
Net patient revenueunverified$41,939,594$42,242,882$40,799,174$48,824,071$54,731,841$59,902,431
Total operating expensesunverified$44,598,740$47,274,538$47,861,617$53,377,930$58,816,228$65,127,412
Net income from service to patientsunverified$-2,659,146$-5,031,656$-7,062,443$-4,553,859$-4,084,387$-5,224,981
Net incomeunverified$213,079$8,210,938$6,180,151$4,363,393$5,047,250$6,284,020
Cost of uncompensated careunverified$675,020$476,565$1,207,732$901,468$1,140,816$1,200,461
Total facility bad debt expenseunverified$1,003,126$539,755$855,517$546,938$1,229,478$1,461,745
Charity care charges and uninsured discountsunverified$145,424$290,897$1,242,474$1,043,584$754,674$587,233
Cost of charity careunverified$87,544$174,232$695,182$568,882$428,457$352,112
Operating marginunverified-6.3%-11.9%-17.3%-9.3%-7.5%-8.7%
Overall cost-to-charge ratiounverified61.0%64.4%66.5%62.9%65.2%65.0%
Occupancy rateunverified32.9%31.7%35.5%31.7%24.9%24.1%
Average length of stayunverified5.05.55.24.74.64.2
Uncompensated care as % of operating expenseunverified1.5%1.0%2.5%1.7%1.9%1.8%
Charity care cost-to-charge ratiounverified60.2%59.9%56.0%54.5%56.8%60.0%
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