MERCY HOSPITAL — financial and operating metrics

CCN 240115, COON RAPIDS, 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 availableunverified456461464464468481
Total bed days availableunverified166,896168,265169,360169,360171,288175,565
Total facility dischargesunverified27,63928,06525,61627,64228,62530,982
Total facility inpatient daysunverified119,332129,793126,930126,207128,670141,079
Total patient revenue (gross charges)unverified$2,154,988,613$2,493,223,926$2,564,007,645$2,780,646,959$3,062,011,954$3,410,095,544
Contractual allowances and discountsunverified$1,436,878,869$1,707,191,403$1,780,956,794$1,969,663,236$2,207,060,576$2,487,725,441
Net patient revenueunverified$718,109,744$786,032,523$783,050,851$810,983,723$854,951,378$922,370,103
Total operating expensesunverified$756,195,408$788,619,121$839,964,187$879,098,441$901,344,156$984,418,169
Net income from service to patientsunverified$-38,085,664$-2,586,598$-56,913,336$-68,114,718$-46,392,778$-62,048,066
Net incomeunverified$21,362,375$23,724,038$-25,727,789$-36,038,949$-7,692,496$-15,093,021
Cost of uncompensated careunverified$15,889,755$12,390,471$14,028,173$11,973,221$14,379,318$13,956,452
Total facility bad debt expenseunverified$24,904,908$20,682,879$21,335,015$18,131,685$14,206,885$12,632,349
Charity care charges and uninsured discountsunverified$26,895,780$22,313,750$25,196,833$23,748,496$40,344,538$39,837,564
Cost of charity careunverified$8,692,137$6,680,773$7,814,490$6,927,964$10,602,976$10,736,306
Charges for insured patients' liabilityunverified$697,569$47,895
Operating marginunverified-5.3%-0.3%-7.3%-8.4%-5.4%-6.7%
Overall cost-to-charge ratiounverified35.1%31.6%32.8%31.6%29.4%28.9%
Occupancy rateunverified71.5%77.1%74.9%74.5%75.1%80.4%
Average length of stayunverified4.34.65.04.64.54.6
Uncompensated care as % of operating expenseunverified2.1%1.6%1.7%1.4%1.6%1.4%
Charity care cost-to-charge ratiounverified32.3%29.9%31.0%29.2%26.3%27.0%
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