OLIVIA HOSPITAL & CLINIC — financial and operating metrics

CCN 241306, OLIVIA, MN · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2020 (244 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2020
244d
FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified161616161616
Total bed days availableunverified3,9045,8405,8405,8405,8565,840
Total facility dischargesunverified426501322303245283
Total facility inpatient daysunverified1,3682,4022,1422,3962,5812,818
Total patient revenue (gross charges)unverified$35,061,070$59,913,128$58,192,779$64,941,516$69,310,277$71,690,189
Contractual allowances and discountsunverified$13,595,807$23,338,923$26,127,556$26,264,301$29,929,932
Net patient revenueunverified$21,465,263$36,574,205$32,065,223$38,677,215$39,380,345$71,690,189
Total operating expensesunverified$18,679,098$29,374,864$30,365,988$31,002,756$33,902,573$34,107,641
Net income from service to patientsunverified$2,786,165$7,199,341$1,699,235$7,674,459$5,477,772$37,582,548
Net incomeunverified$4,424,682$5,138,328$6,167,845$8,707,500$13,897,555$37,582,548
Cost of uncompensated careunverified$288,824$413,993$450,182$867,120$896,637$987,927
Total facility bad debt expenseunverified$482,658$869,136$866,069$866,069$939,612$72,795
Charity care charges and uninsured discountsunverified$56,730$10,511$36,872$589,395$895,376$2,038,257
Cost of charity careunverified$39,604$8,142$23,583$466,981$463,871$957,555
Charges for insured patients' liabilityunverified$50,213$28,689
Operating marginunverified13.0%19.7%5.3%19.8%13.9%52.4%
Overall cost-to-charge ratiounverified53.3%49.0%52.2%47.7%48.9%47.6%
Occupancy rateunverified35.0%41.1%36.7%41.0%44.1%48.3%
Average length of stayunverified3.24.86.77.910.510.0
Uncompensated care as % of operating expenseunverified1.5%1.4%1.5%2.8%2.6%2.9%
Charity care cost-to-charge ratiounverified69.8%77.5%64.0%79.2%51.8%47.0%
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