LAKEVIEW MEMORIAL HOSPITAL — financial and operating metrics

CCN 240066, STILLWATER, 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 availableunverified686868686868
Total bed days availableunverified24,88824,82024,82024,82024,88824,820
Total facility dischargesunverified3,4283,7073,6073,9393,9804,246
Total facility inpatient daysunverified9,89813,55714,29114,74513,70615,399
Total patient revenue (gross charges)unverified$298,072,152$377,226,307$411,855,194$470,820,983$482,671,102$479,472,085
Contractual allowances and discountsunverified$178,032,250$227,681,318$297,256,070$302,954,782$311,570,111
Net patient revenueunverified$120,039,902$149,544,989$411,855,194$173,564,913$179,716,320$167,901,974
Total operating expensesunverified$120,835,662$144,271,236$160,945,626$175,519,597$183,659,668$168,367,068
Net income from service to patientsunverified$-795,760$5,273,753$250,909,568$-1,954,684$-3,943,348$-465,094
Net incomeunverified$7,445,445$21,306,880$250,909,568$11,992,282$9,197,832$11,737,971
Cost of uncompensated careunverified$1,542,570$1,293,063$1,415,152$9,895,388$3,021,319$2,585,386
Total facility bad debt expenseunverified$2,550,917$2,781,380$3,197,729$2,699,629$3,949,917$787,206
Charity care charges and uninsured discountsunverified$644,873$382,994$293,906$12,619,948$4,515,983$6,671,954
Cost of charity careunverified$561,850$315,104$243,794$8,908,995$1,612,152$2,319,529
Charges for insured patients' liabilityunverified$240,159
Operating marginunverified-0.7%3.5%60.9%-1.1%-2.2%-0.3%
Overall cost-to-charge ratiounverified40.5%38.2%39.1%37.3%38.1%35.1%
Occupancy rateunverified39.8%54.6%57.6%59.4%55.1%62.0%
Average length of stayunverified2.93.74.03.73.43.6
Uncompensated care as % of operating expenseunverified1.3%0.9%0.9%5.6%1.6%1.5%
Charity care cost-to-charge ratiounverified87.1%82.3%82.9%70.6%35.7%34.8%
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