CCN 240071, FARIBAULT, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 32 | 32 | 32 | 32 | 32 | 31 |
| Total bed days availableunverified | 11,712 | 11,680 | 11,680 | 11,680 | 11,712 | 11,432 |
| Total facility dischargesunverified | 1,184 | 1,129 | 1,263 | 1,286 | 1,441 | 1,678 |
| Total facility inpatient daysunverified | 3,537 | 3,600 | 3,972 | 3,953 | 4,252 | 4,978 |
| Total patient revenue (gross charges)unverified | $112,109,383 | $135,362,367 | $146,173,524 | $162,771,160 | $163,607,000 | $190,425,412 |
| Contractual allowances and discountsunverified | $68,131,220 | $85,253,590 | $92,562,466 | $103,889,837 | $105,892,578 | $126,258,284 |
| Net patient revenueunverified | $43,978,163 | $50,108,777 | $53,611,058 | $58,881,323 | $57,714,422 | $64,167,128 |
| Total operating expensesunverified | $52,235,139 | $54,636,294 | $60,545,201 | $59,673,670 | $63,376,834 | $67,498,029 |
| Net income from service to patientsunverified | $-8,256,976 | $-4,527,517 | $-6,934,143 | $-792,347 | $-5,662,412 | $-3,330,901 |
| Net incomeunverified | $1,014,976 | $-2,372,671 | $-3,744,445 | $2,212,706 | $-1,187,881 | $1,754,029 |
| Cost of uncompensated careunverified | $1,686,283 | $1,419,026 | $1,614,648 | $1,344,486 | $1,415,071 | $1,482,046 |
| Total facility bad debt expenseunverified | $2,620,935 | $2,002,575 | $2,082,896 | $1,974,344 | $1,373,835 | $1,258,676 |
| Charity care charges and uninsured discountsunverified | $1,805,304 | $1,716,273 | $2,059,012 | $1,768,098 | $2,639,741 | $2,971,596 |
| Cost of charity careunverified | $733,627 | $690,501 | $821,986 | $674,631 | $944,014 | $1,075,728 |
| Charges for insured patients' liabilityunverified | — | — | — | — | $1,399 | — |
| Operating marginunverified | -18.8% | -9.0% | -12.9% | -1.3% | -9.8% | -5.2% |
| Overall cost-to-charge ratiounverified | 46.6% | 40.4% | 41.4% | 36.7% | 38.7% | 35.4% |
| Occupancy rateunverified | 30.2% | 30.8% | 34.0% | 33.8% | 36.3% | 43.5% |
| Average length of stayunverified | 3.0 | 3.2 | 3.1 | 3.1 | 3.0 | 3.0 |
| Uncompensated care as % of operating expenseunverified | 3.2% | 2.6% | 2.7% | 2.3% | 2.2% | 2.2% |
| Charity care cost-to-charge ratiounverified | 40.6% | 40.2% | 39.9% | 38.2% | 35.8% | 36.2% |