RIVER'S EDGE HOSPITAL & CLINIC — financial and operating metrics

CCN 241334, ST PETER, 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 dischargesunverified9271,0821,2251,1691,160703
Total facility inpatient daysunverified2,8723,1013,1342,9532,9452,336
Total patient revenue (gross charges)unverified$82,198,380$98,535,905$118,724,139$135,282,848$148,304,483$167,620,611
Contractual allowances and discountsunverified$40,933,763$49,481,473$62,806,347$76,280,398$85,240,518$97,768,718
Net patient revenueunverified$41,264,617$49,054,432$55,917,792$59,002,450$63,063,965$69,851,893
Total operating expensesunverified$44,980,312$50,314,025$57,833,169$65,788,902$65,953,571$67,746,324
Net income from service to patientsunverified$-3,715,695$-1,259,593$-1,915,377$-6,786,452$-2,889,606$2,105,569
Net incomeunverified$66,260$4,797,039$-693,986$-5,170,107$-886,476$5,453,811
Cost of uncompensated careunverified$619,383$844,467$833,324$1,018,542$614,232$1,278,229
Total facility bad debt expenseunverified$537,961$849,204$722,587$1,189,712$1,225,104$2,930,839
Charity care charges and uninsured discountsunverified$562,311$556,532$642,311$563,883$101,064$51,074
Cost of charity careunverified$351,168$421,323$481,337$424,880$46,842$36,658
Charges for insured patients' liabilityunverified$51,218
Operating marginunverified-9.0%-2.6%-3.4%-11.5%-4.6%3.0%
Overall cost-to-charge ratiounverified54.7%51.1%48.7%48.6%44.5%40.4%
Occupancy rateunverified31.4%34.0%34.3%32.4%32.2%25.6%
Average length of stayunverified3.12.92.62.52.53.3
Uncompensated care as % of operating expenseunverified1.4%1.7%1.4%1.5%0.9%1.9%
Charity care cost-to-charge ratiounverified62.5%75.7%74.9%75.3%46.3%71.8%
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