OLMSTED MEDICAL CENTER — financial and operating metrics

CCN 240006, ROCHESTER, MN · 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 availableunverified616161616161
Total bed days availableunverified22,32622,26522,26522,26522,32622,265
Total facility dischargesunverified1,8981,8982,1241,8081,8561,952
Total facility inpatient daysunverified5,9266,7147,0566,0226,5106,724
Total patient revenue (gross charges)unverified$401,471,158$475,566,491$476,528,602$520,710,703$580,769,736$635,771,818
Contractual allowances and discountsunverified$201,310,652$250,628,904$258,893,570$285,906,646$322,480,880$357,017,146
Net patient revenueunverified$200,160,506$224,937,587$217,635,032$234,804,057$258,288,856$278,754,672
Total operating expensesunverified$228,525,075$238,015,338$247,338,884$266,537,689$288,522,324$319,393,334
Net income from service to patientsunverified$-28,364,569$-13,077,751$-29,703,852$-31,733,632$-30,233,468$-40,638,662
Net incomeunverified$2,104,831$17,554,714$-852,318$8,848,008$10,080,999$10,185,224
Cost of uncompensated careunverified$3,032,836$2,423,570$3,183,647$2,862,362$3,316,021$3,739,379
Total facility bad debt expenseunverified$3,860,174$3,054,412$4,896,301$4,551,071$5,137,846$5,616,711
Charity care charges and uninsured discountsunverified$1,146,732$1,136,142$766,602$848,035$1,208,277$1,291,247
Cost of charity careunverified$868,190$831,696$614,473$614,971$848,058$1,053,748
Charges for insured patients' liabilityunverified$24,086
Operating marginunverified-14.2%-5.8%-13.6%-13.5%-11.7%-14.6%
Overall cost-to-charge ratiounverified56.9%50.0%51.9%51.2%49.7%50.2%
Occupancy rateunverified26.5%30.2%31.7%27.0%29.2%30.2%
Average length of stayunverified3.13.53.33.33.53.4
Uncompensated care as % of operating expenseunverified1.3%1.0%1.3%1.1%1.1%1.2%
Charity care cost-to-charge ratiounverified75.7%73.2%80.2%72.5%70.2%81.6%
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