RAINY LAKE MEDICAL CENTER — financial and operating metrics

CCN 241322, INTERNATIONAL FALLS, 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 availableunverified181818181414
Total bed days availableunverified6,5886,5706,5706,5705,1245,110
Total facility dischargesunverified405311373271253215
Total facility inpatient daysunverified1,8292,3172,0191,4761,5141,500
Total patient revenue (gross charges)unverified$49,131,076$56,786,394$58,759,364$58,893,605$65,982,445$74,659,114
Contractual allowances and discountsunverified$20,229,287$24,854,562$26,088,441$26,830,149$31,099,773$34,173,392
Net patient revenueunverified$28,901,789$31,931,832$32,670,923$32,063,456$34,882,672$40,485,722
Total operating expensesunverified$28,898,052$31,059,871$32,948,741$33,578,546$37,795,854$42,093,404
Net income from service to patientsunverified$3,737$871,961$-277,818$-1,515,090$-2,913,182$-1,607,682
Net incomeunverified$965,798$7,226,882$38,292$1,195,388$1,102,929$982,513
Cost of uncompensated careunverified$459,489$580,764$465,054$575,665$643,455$789,052
Total facility bad debt expenseunverified$636,014$875,967$618,605$664,206$1,050,751$1,344,469
Charity care charges and uninsured discountsunverified$126,844$127,151$160,602$268,704$220,144$198,238
Cost of charity careunverified$113,017$122,897$148,904$233,788$112,115$101,757
Operating marginunverified0.0%2.7%-0.9%-4.7%-8.4%-4.0%
Overall cost-to-charge ratiounverified58.8%54.7%56.1%57.0%57.3%56.4%
Occupancy rateunverified27.8%35.3%30.7%22.5%29.5%29.4%
Average length of stayunverified4.57.55.45.46.07.0
Uncompensated care as % of operating expenseunverified1.6%1.9%1.4%1.7%1.7%1.9%
Charity care cost-to-charge ratiounverified89.1%96.7%92.7%87.0%50.9%51.3%
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