RIDGEVIEW MEDICAL CENTER — financial and operating metrics

CCN 240056, WACONIA, 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 availableunverified109109109109128128
Total bed days availableunverified39,89439,78539,78539,78546,84846,720
Total facility dischargesunverified5,7235,9584,8785,1104,9444,980
Total facility inpatient daysunverified20,81823,34424,90824,67424,97425,026
Total patient revenue (gross charges)unverified$553,221,060$684,852,739$754,304,945$838,814,507$1,002,282,313$1,067,242,303
Contractual allowances and discountsunverified$318,014,243$416,432,783$466,474,100$528,962,445$629,214,927$673,079,583
Net patient revenueunverified$235,206,817$268,419,956$287,830,845$309,852,062$373,067,386$394,162,720
Total operating expensesunverified$254,296,740$297,766,642$328,635,237$348,838,183$414,183,981$432,348,880
Net income from service to patientsunverified$-19,089,923$-29,346,686$-40,804,392$-38,986,121$-41,116,595$-38,186,160
Net incomeunverified$-12,162,241$8,959,424$-12,839,582$5,474,557$3,112,953$10,496,541
Cost of uncompensated careunverified$2,377,886$2,068,880$2,006,324$2,266,329$2,896,885$5,069,947
Total facility bad debt expenseunverified$3,077,069$3,481,762$4,491,194$4,597,437$4,788,654$8,425,354
Charity care charges and uninsured discountsunverified$2,137,540$1,855,084$761,274$2,130,080$2,565,676$4,377,340
Cost of charity careunverified$976,501$719,706$290,820$717,464$1,241,798$2,118,405
Charges for insured patients' liabilityunverified$127,098
Operating marginunverified-8.1%-10.9%-14.2%-12.6%-11.0%-9.7%
Overall cost-to-charge ratiounverified46.0%43.5%43.6%41.6%41.3%40.5%
Occupancy rateunverified52.2%58.7%62.6%62.0%53.3%53.6%
Average length of stayunverified3.63.95.14.85.15.0
Uncompensated care as % of operating expenseunverified0.9%0.7%0.6%0.6%0.7%1.2%
Charity care cost-to-charge ratiounverified45.7%38.8%38.2%33.7%48.4%48.4%
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