CCN 240018, RED WING, 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.
Download this hospital as CSV Free. Current year without a key, every year we hold with one.
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 50 | 50 | 27 | 27 | 27 | 23 |
| Total bed days availableunverified | 18,300 | 18,250 | 9,855 | 9,855 | 9,882 | 8,352 |
| Total facility dischargesunverified | 1,467 | 1,391 | 1,293 | 1,329 | 1,228 | 1,443 |
| Total facility inpatient daysunverified | 4,147 | 4,211 | 4,205 | 4,287 | 4,085 | 4,501 |
| Total patient revenue (gross charges)unverified | $244,909,536 | $310,202,965 | $330,353,478 | $342,604,335 | $351,727,367 | $377,218,568 |
| Contractual allowances and discountsunverified | $134,405,049 | $166,227,627 | $181,022,258 | $193,424,467 | $199,582,477 | $222,596,608 |
| Net patient revenueunverified | $110,504,487 | $143,975,338 | $149,331,220 | $149,179,868 | $152,144,890 | $154,621,960 |
| Total operating expensesunverified | $127,904,525 | $142,615,720 | $146,702,075 | $144,494,325 | $149,604,453 | $153,652,013 |
| Net income from service to patientsunverified | $-17,400,038 | $1,359,618 | $2,629,145 | $4,685,543 | $2,540,437 | $969,947 |
| Net incomeunverified | $-5,841,501 | $13,642,394 | $3,635,488 | $9,278,347 | $6,189,260 | $2,272,527 |
| Cost of uncompensated careunverified | $2,293,888 | $1,712,644 | $1,462,255 | $2,620,138 | $2,255,174 | $3,194,444 |
| Total facility bad debt expenseunverified | $2,029,460 | $1,283,873 | $1,533,871 | $3,108,326 | $871,009 | $3,560,169 |
| Charity care charges and uninsured discountsunverified | $1,751,406 | $1,702,704 | $1,306,244 | $2,345,892 | $3,338,325 | $3,326,482 |
| Cost of charity careunverified | $1,129,879 | $1,020,073 | $729,802 | $1,164,821 | $1,845,800 | $1,676,448 |
| Charges for insured patients' liabilityunverified | — | — | — | $24,505 | $274,497 | $82,927 |
| Operating marginunverified | -15.7% | 0.9% | 1.8% | 3.1% | 1.7% | 0.6% |
| Overall cost-to-charge ratiounverified | 52.2% | 46.0% | 44.4% | 42.2% | 42.5% | 40.7% |
| Occupancy rateunverified | 22.7% | 23.1% | 42.7% | 43.5% | 41.3% | 53.9% |
| Average length of stayunverified | 2.8 | 3.0 | 3.3 | 3.2 | 3.3 | 3.1 |
| Uncompensated care as % of operating expenseunverified | 1.8% | 1.2% | 1.0% | 1.8% | 1.5% | 2.1% |
| Charity care cost-to-charge ratiounverified | 64.5% | 59.9% | 55.9% | 49.7% | 55.3% | 50.4% |