RIVERVIEW HOSPITAL — financial and operating metrics

CCN 241320, CROOKSTON, 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 availableunverified252521212121
Total bed days availableunverified9,1259,1257,6657,6657,6867,665
Total facility dischargesunverified817725642577478528
Total facility inpatient daysunverified2,3252,2711,9561,6111,7571,835
Total patient revenue (gross charges)unverified$109,311,843$116,771,593$119,108,357$119,904,633$116,419,700$131,144,393
Contractual allowances and discountsunverified$52,671,684$57,091,510$57,306,256$60,023,941$57,527,285$66,814,511
Net patient revenueunverified$56,640,159$59,680,083$61,802,101$59,880,692$58,892,415$64,329,882
Total operating expensesunverified$59,584,717$65,739,553$72,234,136$68,469,103$68,057,962$71,420,099
Net income from service to patientsunverified$-2,944,558$-6,059,470$-10,432,035$-8,588,411$-9,165,547$-7,090,217
Net incomeunverified$2,518,198$4,623,344$-7,244,539$-5,269,662$-5,147,516$-3,122,295
Cost of uncompensated careunverified$890,498$948,203$670,421$762,605$833,751$1,097,030
Total facility bad debt expenseunverified$850,505$1,023,654$1,023,654$1,049,268$1,498,032$1,721,266
Charity care charges and uninsured discountsunverified$602,615$532,936$129,069$232,606$62,857$300,874
Cost of charity careunverified$468,344$416,292$118,900$206,334$42,090$254,918
Operating marginunverified-5.2%-10.2%-16.9%-14.3%-15.6%-11.0%
Overall cost-to-charge ratiounverified54.5%56.3%60.6%57.1%58.5%54.5%
Occupancy rateunverified25.5%24.9%25.5%21.0%22.9%23.9%
Average length of stayunverified2.83.13.02.83.73.5
Uncompensated care as % of operating expenseunverified1.5%1.4%0.9%1.1%1.2%1.5%
Charity care cost-to-charge ratiounverified77.7%78.1%92.1%88.7%67.0%84.7%
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