CHIPPEWA COUNTY HOSPITAL — financial and operating metrics

CCN 241325, MONTEVIDEO, 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified586719719770559664
Total facility inpatient daysunverified2,3792,1661,9952,2412,1272,455
Total patient revenue (gross charges)unverified$83,116,419$104,683,699$111,653,832$128,161,087$134,259,933$150,939,320
Contractual allowances and discountsunverified$40,811,239$51,816,734$57,135,749$66,783,328$68,243,895$78,569,858
Net patient revenueunverified$42,305,180$52,866,965$54,518,083$61,377,759$66,016,038$72,369,462
Total operating expensesunverified$50,717,631$55,833,301$57,645,182$72,114,653$64,304,920$75,837,744
Net income from service to patientsunverified$-8,412,451$-2,966,336$-3,127,099$-10,736,894$1,711,118$-3,468,282
Net incomeunverified$1,130,747$5,068,121$2,902,982$-1,908,795$10,683,519$6,379,639
Cost of uncompensated careunverified$813,266$986,807$906,746$700,473$704,923$714,537
Total facility bad debt expenseunverified$1,389,906$1,714,299$1,087,675$1,049,772$764,318$764,318
Charity care charges and uninsured discountsunverified$132,453$372,221$806,572$465,833$545,415$545,415
Cost of charity careunverified$70,905$177,116$387,717$215,296$356,096$355,030
Operating marginunverified-19.9%-5.6%-5.7%-17.5%2.6%-4.8%
Overall cost-to-charge ratiounverified61.0%53.3%51.6%56.3%47.9%50.2%
Occupancy rateunverified26.0%23.7%21.9%24.6%23.2%26.9%
Average length of stayunverified4.13.02.82.93.83.7
Uncompensated care as % of operating expenseunverified1.6%1.8%1.6%1.0%1.1%0.9%
Charity care cost-to-charge ratiounverified53.5%47.6%48.1%46.2%65.3%65.1%
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