CENTRACARE- RICE MEMORIAL HOSPITAL — financial and operating metrics

CCN 240088, WILLMAR, 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 availableunverified818181818181
Total bed days availableunverified29,64629,56529,56529,56529,64629,565
Total facility dischargesunverified3,0242,7762,5572,4462,6462,990
Total facility inpatient daysunverified11,59211,28210,4159,0789,72810,548
Total patient revenue (gross charges)unverified$259,762,917$286,211,211$281,429,409$306,060,636$324,531,707$345,899,809
Contractual allowances and discountsunverified$138,554,084$147,251,306$139,922,783$165,664,615$175,524,644$196,776,703
Net patient revenueunverified$121,208,833$138,959,905$141,506,626$140,396,021$149,007,063$149,123,106
Total operating expensesunverified$129,663,206$140,373,757$142,830,858$142,106,229$145,609,371$144,659,025
Net income from service to patientsunverified$-8,454,373$-1,413,852$-1,324,232$-1,710,208$3,397,692$4,464,081
Net incomeunverified$7,068,843$5,342,874$7,349,170$2,518,622$5,618,984$6,672,760
Cost of uncompensated careunverified$1,232,198$2,035,229$1,322,775$689,130$2,245,773$2,283,727
Total facility bad debt expenseunverified$1,057,449$2,497,128$1,455,404$582,554$2,617,051$3,666,676
Charity care charges and uninsured discountsunverified$1,514,521$1,604,859$1,222,446$1,009,079$2,725,711$1,977,363
Cost of charity careunverified$785,948$863,013$656,068$447,464$1,161,427$881,470
Operating marginunverified-7.0%-1.0%-0.9%-1.2%2.3%3.0%
Overall cost-to-charge ratiounverified49.9%49.0%50.8%46.4%44.9%41.8%
Occupancy rateunverified39.1%38.2%35.2%30.7%32.8%35.7%
Average length of stayunverified3.84.14.13.73.73.5
Uncompensated care as % of operating expenseunverified1.0%1.4%0.9%0.5%1.5%1.6%
Charity care cost-to-charge ratiounverified51.9%53.8%53.7%44.3%42.6%44.6%
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