PARK NICOLLET METHODIST HOSPITAL — financial and operating metrics

CCN 240053, SAINT LOUIS PARK, 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 availableunverified354352353352357357
Total bed days availableunverified129,710128,226128,954129,075128,957129,967
Total facility dischargesunverified20,17921,10720,41722,95421,55421,909
Total facility inpatient daysunverified85,54694,48399,204100,74797,983101,564
Total patient revenue (gross charges)unverified$1,184,647,019$1,441,905,498$2,267,148,685$2,506,207,882$2,718,453,066$3,000,771,608
Contractual allowances and discountsunverified$570,222,761$732,142,599$1,525,481,109$1,693,260,025$1,860,209,806$2,107,544,276
Net patient revenueunverified$614,424,258$709,762,899$741,667,576$812,947,857$858,243,260$893,227,332
Total operating expensesunverified$547,469,083$656,775,476$718,951,531$715,355,708$706,956,308$757,172,365
Net income from service to patientsunverified$66,955,175$52,987,423$22,716,045$97,592,149$151,286,952$136,054,967
Net incomeunverified$105,061,160$95,687,122$-25,552,375$35,892,570$173,434,019$225,601,110
Cost of uncompensated careunverified$9,879,520$10,034,537$8,881,108$8,607,770$12,413,846$10,337,415
Total facility bad debt expenseunverified$11,173,742$15,949,326$16,573,886$10,642,639$5,461,254$1,770,111
Charity care charges and uninsured discountsunverified$7,297,909$5,392,074$8,726,060$19,768,163$35,681,895$32,313,965
Cost of charity careunverified$4,680,722$3,230,138$3,952,474$5,585,810$10,875,938$9,830,334
Charges for insured patients' liabilityunverified$2,990,230$1,156,143$439,370
Operating marginunverified10.9%7.5%3.1%12.0%17.6%15.2%
Overall cost-to-charge ratiounverified46.2%45.5%31.7%28.5%26.0%25.2%
Occupancy rateunverified66.0%73.7%76.9%78.1%76.0%78.1%
Average length of stayunverified4.24.54.94.44.54.6
Uncompensated care as % of operating expenseunverified1.8%1.5%1.2%1.2%1.8%1.4%
Charity care cost-to-charge ratiounverified64.1%59.9%45.3%28.3%30.5%30.4%
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