SANFORD WORTHINGTON MEDICAL CENTER — financial and operating metrics

CCN 240022, WORTHINGTON, 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 availableunverified484848484848
Total bed days availableunverified17,56817,52017,52017,52017,56817,520
Total facility dischargesunverified1,0711,0491,3821,4091,2641,318
Total facility inpatient daysunverified3,6853,4703,7643,7103,2403,265
Total patient revenue (gross charges)unverified$109,944,271$131,437,380$147,540,281$172,005,678$184,445,777$193,428,843
Contractual allowances and discountsunverified$63,940,257$78,089,431$92,051,058$109,506,525$119,411,771$127,290,540
Net patient revenueunverified$46,004,014$53,347,949$55,489,223$62,499,153$65,034,006$66,138,303
Total operating expensesunverified$49,750,512$53,844,013$58,997,032$64,448,922$67,170,624$70,676,265
Net income from service to patientsunverified$-3,746,498$-496,064$-3,507,809$-1,949,769$-2,136,618$-4,537,962
Net incomeunverified$216,775$2,256,869$-1,440,936$1,251,837$105,089$-1,390,001
Cost of uncompensated careunverified$1,531,449$1,467,945$1,389,335$1,512,172$2,108,386$2,296,597
Total facility bad debt expenseunverified$1,528,519$1,717,631$1,571,798$2,213,499$1,884,753$2,023,762
Charity care charges and uninsured discountsunverified$1,665,334$1,703,687$1,885,736$2,034,368$3,592,139$3,604,652
Cost of charity careunverified$886,669$803,039$825,058$771,898$1,485,272$1,603,117
Charges for insured patients' liabilityunverified$7,260
Operating marginunverified-8.1%-0.9%-6.3%-3.1%-3.3%-6.9%
Overall cost-to-charge ratiounverified45.3%41.0%40.0%37.5%36.4%36.5%
Occupancy rateunverified21.0%19.8%21.5%21.2%18.4%18.6%
Average length of stayunverified3.43.32.72.62.62.5
Uncompensated care as % of operating expenseunverified3.1%2.7%2.4%2.3%3.1%3.2%
Charity care cost-to-charge ratiounverified53.2%47.1%43.8%37.9%41.3%44.5%
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