ESSENTIA HEALTH ST MARYS - DETROIT LAKES — financial and operating metrics

CCN 240101, DETROIT LAKES, 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 availableunverified363636363636
Total bed days availableunverified13,17613,14013,14013,14013,17613,140
Total facility dischargesunverified1,8621,7761,7351,8461,9311,999
Total facility inpatient daysunverified5,9626,1056,7546,3916,4486,384
Total patient revenue (gross charges)unverified$269,514,027$317,118,942$333,820,970$362,032,627$388,012,202$423,710,043
Contractual allowances and discountsunverified$133,175,217$167,685,263$176,161,993$194,198,393$212,196,838$235,372,282
Net patient revenueunverified$136,338,810$149,433,679$157,658,977$167,834,234$175,815,364$188,337,761
Total operating expensesunverified$131,727,658$141,025,635$153,049,792$162,708,402$169,651,828$179,605,382
Net income from service to patientsunverified$4,611,152$8,408,044$4,609,185$5,125,832$6,163,536$8,732,379
Net incomeunverified$8,729,678$24,120,068$6,275,798$16,980,617$19,734,142$26,069,108
Cost of uncompensated careunverified$2,607,096$1,568,088$1,811,619$1,748,883$2,050,918$2,567,322
Total facility bad debt expenseunverified$1,825,431$2,215,694$2,333,959$2,285,419$3,276,566$3,488,193
Charity care charges and uninsured discountsunverified$3,356,543$1,913,043$1,462,653$1,341,182$1,497,002$2,634,776
Cost of charity careunverified$1,726,604$592,820$708,808$700,581$640,032$1,131,247
Charges for insured patients' liabilityunverified$199,889$93,736
Operating marginunverified3.4%5.6%2.9%3.1%3.5%4.6%
Overall cost-to-charge ratiounverified48.9%44.5%45.8%44.9%43.7%42.4%
Occupancy rateunverified45.2%46.5%51.4%48.6%48.9%48.6%
Average length of stayunverified3.23.43.93.53.33.2
Uncompensated care as % of operating expenseunverified2.0%1.1%1.2%1.1%1.2%1.4%
Charity care cost-to-charge ratiounverified51.4%31.0%48.5%52.2%42.8%42.9%
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