CCN 240141, PRINCETON, 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 | 34 | 34 | 34 | 34 | 34 | 34 |
| Total bed days availableunverified | 12,444 | 12,410 | 12,410 | 12,410 | 12,444 | 12,410 |
| Total facility dischargesunverified | 1,409 | 1,345 | 1,376 | 1,491 | 1,671 | 1,766 |
| Total facility inpatient daysunverified | 4,878 | 5,336 | 5,772 | 5,745 | 6,020 | 5,696 |
| Total patient revenue (gross charges)unverified | $194,381,827 | $248,171,736 | $274,930,258 | $310,285,693 | $327,865,662 | $359,219,832 |
| Contractual allowances and discountsunverified | $128,364,926 | $167,869,266 | $191,450,931 | $220,235,971 | $232,628,089 | $258,328,685 |
| Net patient revenueunverified | $66,016,901 | $80,302,470 | $83,479,327 | $90,049,722 | $95,237,573 | $100,891,147 |
| Total operating expensesunverified | $67,778,196 | $76,222,431 | $82,508,296 | $87,957,337 | $92,150,180 | $98,190,963 |
| Net income from service to patientsunverified | $-1,761,295 | $4,080,039 | $971,031 | $2,092,385 | $3,087,393 | $2,700,184 |
| Net incomeunverified | $3,711,697 | $6,159,777 | $2,679,166 | $4,529,971 | $6,667,301 | $6,002,176 |
| Cost of uncompensated careunverified | $1,968,679 | $1,710,775 | $1,979,865 | $1,823,434 | $2,341,853 | $3,218,501 |
| Total facility bad debt expenseunverified | $2,241,320 | $1,639,138 | $2,525,942 | $2,020,630 | $2,510,883 | $2,696,794 |
| Charity care charges and uninsured discountsunverified | $2,872,426 | $3,576,090 | $3,417,821 | $3,665,042 | $4,406,193 | $5,531,029 |
| Cost of charity careunverified | $1,230,105 | $1,236,638 | $1,258,825 | $1,283,112 | $1,643,963 | $2,533,434 |
| Operating marginunverified | -2.7% | 5.1% | 1.2% | 2.3% | 3.2% | 2.7% |
| Overall cost-to-charge ratiounverified | 34.9% | 30.7% | 30.0% | 28.3% | 28.1% | 27.3% |
| Occupancy rateunverified | 39.2% | 43.0% | 46.5% | 46.3% | 48.4% | 45.9% |
| Average length of stayunverified | 3.5 | 4.0 | 4.2 | 3.9 | 3.6 | 3.2 |
| Uncompensated care as % of operating expenseunverified | 2.9% | 2.2% | 2.4% | 2.1% | 2.5% | 3.3% |
| Charity care cost-to-charge ratiounverified | 42.8% | 34.6% | 36.8% | 35.0% | 37.3% | 45.8% |