CCN 240166, FAIRMONT, 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 | 55 | 55 | 37 | 37 | 37 | 14 |
| Total bed days availableunverified | 20,130 | 20,075 | 13,505 | 13,505 | 13,542 | 5,110 |
| Total facility dischargesunverified | 872 | 1,049 | 1,033 | 991 | 1,001 | 913 |
| Total facility inpatient daysunverified | 3,156 | 3,631 | 4,085 | 3,755 | 3,613 | 3,140 |
| Total patient revenue (gross charges)unverified | $150,401,130 | $174,727,581 | $184,251,326 | $185,761,603 | $185,175,370 | $168,282,434 |
| Contractual allowances and discountsunverified | $83,685,136 | $95,548,693 | $102,095,429 | $107,020,466 | $108,642,814 | $94,042,674 |
| Net patient revenueunverified | $66,715,994 | $79,178,888 | $82,155,897 | $78,741,137 | $76,532,556 | $74,239,760 |
| Total operating expensesunverified | $76,493,234 | $82,820,465 | $85,186,788 | $82,234,149 | $83,833,255 | $80,814,455 |
| Net income from service to patientsunverified | $-9,777,240 | $-3,641,577 | $-3,030,891 | $-3,493,012 | $-7,300,699 | $-6,574,695 |
| Net incomeunverified | $-1,775,660 | $-1,841,763 | $-2,504,842 | $-1,460,860 | $-4,840,507 | $-6,103,384 |
| Cost of uncompensated careunverified | $1,360,758 | $948,279 | $868,640 | $1,626,552 | $1,984,246 | $1,947,462 |
| Total facility bad debt expenseunverified | $1,150,860 | $1,030,888 | $944,340 | $1,202,058 | $347,755 | $974,583 |
| Charity care charges and uninsured discountsunverified | $1,125,712 | $666,363 | $679,774 | $1,877,260 | $3,023,321 | $2,380,191 |
| Cost of charity careunverified | $710,932 | $412,785 | $418,647 | $1,053,569 | $1,821,082 | $1,450,321 |
| Charges for insured patients' liabilityunverified | — | — | — | — | $169,380 | $20,006 |
| Operating marginunverified | -14.7% | -4.6% | -3.7% | -4.4% | -9.5% | -8.9% |
| Overall cost-to-charge ratiounverified | 50.9% | 47.4% | 46.2% | 44.3% | 45.3% | 48.0% |
| Occupancy rateunverified | 15.7% | 18.1% | 30.2% | 27.8% | 26.7% | 61.4% |
| Average length of stayunverified | 3.6 | 3.5 | 4.0 | 3.8 | 3.6 | 3.4 |
| Uncompensated care as % of operating expenseunverified | 1.8% | 1.1% | 1.0% | 2.0% | 2.4% | 2.4% |
| Charity care cost-to-charge ratiounverified | 63.2% | 61.9% | 61.6% | 56.1% | 60.2% | 60.9% |