MAYO CLINIC HEALTH SYSTEM - WASECA — financial and operating metrics

CCN 241345, WASECA, 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 availableunverified151515151512
Total bed days availableunverified5,4905,4755,4755,4755,4904,380
Total facility dischargesunverified128144148276206268
Total facility inpatient daysunverified2,6972,9063,4613,3073,5323,665
Total patient revenue (gross charges)unverified$36,736,924$44,704,895$47,184,228$55,125,088$65,264,934$69,837,604
Contractual allowances and discountsunverified$14,348,293$17,808,614$19,211,282$27,179,996$33,492,192$36,498,614
Net patient revenueunverified$22,388,631$26,896,281$27,972,946$27,945,092$31,772,742$33,338,990
Total operating expensesunverified$23,287,467$25,241,431$25,649,991$24,908,387$27,234,944$30,091,027
Net income from service to patientsunverified$-898,836$1,654,850$2,322,955$3,036,705$4,537,798$3,247,963
Net incomeunverified$3,718,398$2,119,884$2,772,259$3,486,847$4,939,110$3,645,435
Cost of uncompensated careunverified$1,308,932$1,201,180$1,018,088$1,351,655$2,294,012$1,900,946
Total facility bad debt expenseunverified$1,002,119$1,196,976$965,534$1,618,213$713,614$1,117,150
Charity care charges and uninsured discountsunverified$834,330$663,447$602,319$670,895$2,526,976$1,888,034
Cost of charity careunverified$685,437$530,186$507,591$536,097$1,958,411$1,352,223
Operating marginunverified-4.0%6.2%8.3%10.9%14.3%9.7%
Overall cost-to-charge ratiounverified63.4%56.5%54.4%45.2%41.7%43.1%
Occupancy rateunverified49.1%53.1%63.2%60.4%64.3%83.7%
Average length of stayunverified21.120.223.412.017.113.7
Uncompensated care as % of operating expenseunverified5.6%4.8%4.0%5.4%8.4%6.3%
Charity care cost-to-charge ratiounverified82.2%79.9%84.3%79.9%77.5%71.6%
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