MAYO CLINIC HEALTH SYSTEM - ALBERT LEA AND AUSTIN — financial and operating metrics

CCN 240043, ALBERT LEA, 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 availableunverified828279797961
Total bed days availableunverified30,01229,93028,82528,83528,91422,279
Total facility dischargesunverified3,5673,6703,2373,2483,4314,061
Total facility inpatient daysunverified13,63316,00716,31614,63214,82216,033
Total patient revenue (gross charges)unverified$532,291,639$622,504,505$646,557,456$685,176,211$728,104,192$766,382,136
Contractual allowances and discountsunverified$305,421,414$345,897,041$374,635,780$392,125,319$429,388,917$447,893,005
Net patient revenueunverified$226,870,225$276,607,464$271,921,676$293,050,892$298,715,275$318,489,131
Total operating expensesunverified$274,350,168$304,779,492$316,975,836$319,525,417$323,669,273$331,142,926
Net income from service to patientsunverified$-47,479,943$-28,172,028$-45,054,160$-26,474,525$-24,953,998$-12,653,795
Net incomeunverified$-15,220,564$-9,322,876$-31,340,150$-7,408,314$3,630,697$14,362,970
Cost of uncompensated careunverified$5,122,813$4,262,558$4,053,271$7,481,642$9,289,916$9,390,797
Total facility bad debt expenseunverified$5,352,696$4,525,112$4,357,472$6,080,013$1,482,304$5,437,103
Charity care charges and uninsured discountsunverified$4,071,951$3,786,528$3,264,124$8,759,458$15,653,993$13,095,797
Cost of charity careunverified$2,398,922$2,146,331$1,960,788$4,748,577$8,622,526$6,917,192
Charges for insured patients' liabilityunverified$630,382$907,735$74,339
Operating marginunverified-20.9%-10.2%-16.6%-9.0%-8.4%-4.0%
Overall cost-to-charge ratiounverified51.5%49.0%49.0%46.6%44.5%43.2%
Occupancy rateunverified45.4%53.5%56.6%50.7%51.3%72.0%
Average length of stayunverified3.84.45.04.54.33.9
Uncompensated care as % of operating expenseunverified1.9%1.4%1.3%2.3%2.9%2.8%
Charity care cost-to-charge ratiounverified58.9%56.7%60.1%54.2%55.1%52.8%
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