CAMBRIDGE MEDICAL CENTER — financial and operating metrics

CCN 240020, CAMBRIDGE, 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 availableunverified666654463232
Total bed days availableunverified24,15624,09019,83416,79011,71211,680
Total facility dischargesunverified2,3882,6002,2401,8831,8011,923
Total facility inpatient daysunverified8,6379,9369,4647,5584,9935,304
Total patient revenue (gross charges)unverified$191,823,194$229,695,173$243,476,467$265,655,000$274,699,150$287,822,976
Contractual allowances and discountsunverified$118,827,675$146,817,168$158,633,614$173,609,178$180,665,411$194,122,865
Net patient revenueunverified$72,995,519$82,878,005$84,842,853$92,045,822$94,033,739$93,700,111
Total operating expensesunverified$77,121,497$81,139,777$85,768,135$88,332,394$90,069,740$94,706,743
Net income from service to patientsunverified$-4,125,978$1,738,228$-925,282$3,713,428$3,963,999$-1,006,632
Net incomeunverified$1,725,749$4,527,678$2,754,162$7,588,715$8,801,468$4,425,586
Cost of uncompensated careunverified$2,273,361$2,054,224$1,846,765$1,445,449$1,669,460$1,882,752
Total facility bad debt expenseunverified$2,979,081$2,924,495$3,129,677$2,217,327$1,866,103$1,881,503
Charity care charges and uninsured discountsunverified$2,732,791$2,628,567$1,978,655$1,887,263$3,150,168$3,320,722
Cost of charity careunverified$1,219,528$1,089,807$846,015$755,734$1,098,545$1,316,425
Charges for insured patients' liabilityunverified$3,974
Operating marginunverified-5.7%2.1%-1.1%4.0%4.2%-1.1%
Overall cost-to-charge ratiounverified40.2%35.3%35.2%33.3%32.8%32.9%
Occupancy rateunverified35.8%41.2%47.7%45.0%42.6%45.4%
Average length of stayunverified3.63.84.24.02.82.8
Uncompensated care as % of operating expenseunverified2.9%2.5%2.2%1.6%1.9%2.0%
Charity care cost-to-charge ratiounverified44.6%41.5%42.8%40.0%34.9%39.6%
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