M HEALTH FAIRVIEW RIDGES HOSPITAL — financial and operating metrics

CCN 240207, BURNSVILLE, 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 availableunverified171172172172172172
Total bed days availableunverified62,58662,95262,95262,78062,95262,780
Total facility dischargesunverified10,73410,89610,86910,82811,49612,369
Total facility inpatient daysunverified42,60848,72951,66352,77351,00253,457
Total patient revenue (gross charges)unverified$766,394,530$925,270,387$999,374,590$1,125,900,842$1,173,340,429$1,291,685,818
Contractual allowances and discountsunverified$509,040,351$627,581,816$683,190,707$796,464,156$839,051,067$940,847,016
Net patient revenueunverified$257,354,179$297,688,571$316,183,883$329,436,686$334,289,362$350,838,802
Total operating expensesunverified$240,935,648$267,751,093$293,905,141$310,387,276$309,522,584$324,807,471
Net income from service to patientsunverified$16,418,531$29,937,478$22,278,742$19,049,410$24,766,778$26,031,331
Net incomeunverified$26,454,343$33,192,328$25,379,289$22,688,374$28,441,714$30,571,845
Cost of uncompensated careunverified$6,410,686$6,615,527$6,429,742$8,031,207$10,309,632$15,884,974
Total facility bad debt expenseunverified$8,044,553$8,267,717$8,682,756$9,637,579$11,729,269$13,546,684
Charity care charges and uninsured discountsunverified$11,349,559$14,472,847$13,912,983$19,123,758$27,266,578$30,887,823
Cost of charity careunverified$3,985,734$4,351,876$4,047,838$5,555,386$7,390,079$12,665,704
Charges for insured patients' liabilityunverified$275,197$326,779
Operating marginunverified6.4%10.1%7.0%5.8%7.4%7.4%
Overall cost-to-charge ratiounverified31.4%28.9%29.4%27.6%26.4%25.1%
Occupancy rateunverified68.1%77.4%82.1%84.1%81.0%85.1%
Average length of stayunverified4.04.54.84.94.44.3
Uncompensated care as % of operating expenseunverified2.7%2.5%2.2%2.6%3.3%4.9%
Charity care cost-to-charge ratiounverified35.1%30.1%29.1%29.0%27.1%41.0%
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