SANFORD SHELDON MEDICAL CENTER — financial and operating metrics

CCN 161381, SHELDON, 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 availableunverified9,1259,1259,1259,1259,1509,125
Total facility dischargesunverified512405370355414415
Total facility inpatient daysunverified3,6382,9543,0823,0043,0423,377
Total patient revenue (gross charges)unverified$66,257,096$69,317,492$75,287,663$83,455,255$89,849,538$95,792,413
Contractual allowances and discountsunverified$33,714,287$37,013,938$40,473,088$49,021,878$46,470,427$51,706,590
Net patient revenueunverified$32,542,809$32,303,554$34,814,575$34,433,377$43,379,111$44,085,823
Total operating expensesunverified$32,179,248$33,111,618$34,677,711$35,132,796$36,837,887$39,557,640
Net income from service to patientsunverified$363,561$-808,064$136,864$-699,419$6,541,224$4,528,183
Net incomeunverified$3,768,452$2,209,042$2,701,843$1,762,324$9,209,408$6,697,317
Cost of uncompensated careunverified$2,318,314$2,744,955$2,667,918$2,497,821$2,723,617$2,685,664
Total facility bad debt expenseunverified$838,548$1,446,838$999,760$2,039,250$2,335,407$1,906,241
Charity care charges and uninsured discountsunverified$2,102,257$2,351,157$2,469,515$1,887,372$2,077,100$2,060,803
Cost of charity careunverified$1,894,441$1,994,221$2,171,562$1,596,224$1,706,372$1,815,487
Operating marginunverified1.1%-2.5%0.4%-2.0%15.1%10.3%
Overall cost-to-charge ratiounverified48.6%47.8%46.1%42.1%41.0%41.3%
Occupancy rateunverified39.9%32.4%33.8%32.9%33.2%37.0%
Average length of stayunverified7.17.38.38.57.38.1
Uncompensated care as % of operating expenseunverified7.2%8.3%7.7%7.1%7.4%6.8%
Charity care cost-to-charge ratiounverified90.1%84.8%87.9%84.6%82.2%88.1%
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