RIDGEVIEW SIBLEY MEDICAL CENTER — financial and operating metrics

CCN 241311, ARLINGTON, 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 availableunverified182020202020
Total bed days availableunverified6,5887,3007,3007,3007,3207,300
Total facility dischargesunverified109143191979375
Total facility inpatient daysunverified7411,0311,061767887851
Total patient revenue (gross charges)unverified$18,280,987$26,985,035$30,748,524$35,346,679$38,591,171$42,921,341
Contractual allowances and discountsunverified$5,239,816$8,864,986$10,990,661$13,469,102$16,045,664$19,914,352
Net patient revenueunverified$13,041,171$18,120,049$19,757,863$21,877,577$22,545,507$23,006,989
Total operating expensesunverified$12,945,065$14,649,050$15,534,061$17,550,604$18,535,304$19,602,952
Net income from service to patientsunverified$96,106$3,470,999$4,223,802$4,326,973$4,010,203$3,404,037
Net incomeunverified$2,503,828$4,404,249$3,617,878$5,534,297$6,374,382$6,288,254
Cost of uncompensated careunverified$405,803$131,908$342,065$448,894$560,689$767,690
Total facility bad debt expenseunverified$341,282$27,018$448,033$739,577$915,369$894,490
Charity care charges and uninsured discountsunverified$126,229$162,968$101,467$41,013$60,358$427,429
Cost of charity careunverified$110,142$114,001$76,435$35,019$52,097$297,252
Operating marginunverified0.7%19.2%21.4%19.8%17.8%14.8%
Overall cost-to-charge ratiounverified70.8%54.3%50.5%49.7%48.0%45.7%
Occupancy rateunverified11.2%14.1%14.5%10.5%12.1%11.7%
Average length of stayunverified6.87.25.67.99.511.3
Uncompensated care as % of operating expenseunverified3.1%0.9%2.2%2.6%3.0%3.9%
Charity care cost-to-charge ratiounverified87.3%70.0%75.3%85.4%86.3%69.5%
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