MAYO CLINIC HEALTH SYSTEM - CANNON FALLS — financial and operating metrics

CCN 241346, CANNON 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 availableunverified151515151515
Total bed days availableunverified5,4905,4755,4755,4755,4905,475
Total facility dischargesunverified108113136126153195
Total facility inpatient daysunverified3,2993,7173,1373,3993,7724,316
Total patient revenue (gross charges)unverified$53,351,268$63,646,042$67,428,993$75,229,822$97,132,567$113,545,095
Contractual allowances and discountsunverified$18,264,005$22,817,496$26,729,624$30,479,359$40,780,632$49,831,381
Net patient revenueunverified$35,087,263$40,828,546$40,699,369$44,750,463$56,351,935$63,713,714
Total operating expensesunverified$33,300,490$36,719,165$38,480,515$39,270,676$46,434,619$54,516,600
Net income from service to patientsunverified$1,786,773$4,109,381$2,218,854$5,479,787$9,917,316$9,197,114
Net incomeunverified$6,979,472$4,889,005$2,803,177$6,450,115$11,093,293$11,214,007
Cost of uncompensated careunverified$1,320,681$1,426,422$894,344$1,497,154$1,460,013$1,907,847
Total facility bad debt expenseunverified$864,949$579,664$434,958$1,115,264$1,089,327$1,189,780
Charity care charges and uninsured discountsunverified$946,342$1,108,936$649,976$854,205$979,233$1,494,161
Cost of charity careunverified$753,389$1,041,833$603,117$807,258$853,319$1,299,364
Operating marginunverified5.1%10.1%5.5%12.2%17.6%14.4%
Overall cost-to-charge ratiounverified62.4%57.7%57.1%52.2%47.8%48.0%
Occupancy rateunverified60.1%67.9%57.3%62.1%68.7%78.8%
Average length of stayunverified30.532.923.127.024.722.1
Uncompensated care as % of operating expenseunverified4.0%3.9%2.3%3.8%3.1%3.5%
Charity care cost-to-charge ratiounverified79.6%93.9%92.8%94.5%87.1%87.0%
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