FAIRVIEW LAKES HEALTH SERVICES — financial and operating metrics

CCN 240050, WYOMING, 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 availableunverified555555555557
Total bed days availableunverified20,13020,07520,07520,07520,13020,805
Total facility dischargesunverified2,6622,6642,7922,7873,0133,326
Total facility inpatient daysunverified8,53410,19011,41710,7809,85511,588
Total patient revenue (gross charges)unverified$265,001,268$314,823,133$336,019,288$377,584,576$399,626,628$467,891,682
Contractual allowances and discountsunverified$169,249,836$203,370,158$216,387,489$251,086,384$269,679,538$324,309,988
Net patient revenueunverified$95,751,432$111,452,975$119,631,799$126,498,192$129,947,090$143,581,694
Total operating expensesunverified$93,040,153$100,810,568$107,328,594$113,616,851$116,778,808$126,065,925
Net income from service to patientsunverified$2,711,279$10,642,407$12,303,205$12,881,341$13,168,282$17,515,769
Net incomeunverified$9,137,659$12,562,029$13,713,535$14,636,772$16,520,326$19,996,650
Cost of uncompensated careunverified$2,714,400$2,357,090$2,147,358$2,481,448$2,772,593$4,359,734
Total facility bad debt expenseunverified$3,147,545$1,999,353$2,965,309$2,522,245$3,336,566$3,735,498
Charity care charges and uninsured discountsunverified$4,071,347$4,862,580$3,581,898$4,708,279$5,395,994$7,911,591
Cost of charity careunverified$1,673,955$1,752,915$1,237,572$1,767,679$1,873,708$3,430,876
Charges for insured patients' liabilityunverified$20,855
Operating marginunverified2.8%9.5%10.3%10.2%10.1%12.2%
Overall cost-to-charge ratiounverified35.1%32.0%31.9%30.1%29.2%26.9%
Occupancy rateunverified42.4%50.8%56.9%53.7%49.0%55.7%
Average length of stayunverified3.23.84.13.93.33.5
Uncompensated care as % of operating expenseunverified2.9%2.3%2.0%2.2%2.4%3.5%
Charity care cost-to-charge ratiounverified41.1%36.0%34.6%37.5%34.7%43.4%
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