SANFORD CANBY MEDICAL CENTER — financial and operating metrics

CCN 241347, CANBY, 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 dischargesunverified1201079896128112
Total facility inpatient daysunverified1,7581,6811,4591,7851,7091,442
Total patient revenue (gross charges)unverified$32,295,752$35,441,183$36,203,188$40,497,220$44,098,954$42,712,227
Contractual allowances and discountsunverified$9,266,995$11,504,883$10,930,639$14,054,255$15,548,284$14,791,902
Net patient revenueunverified$23,028,757$23,936,300$25,272,549$26,442,965$28,550,670$27,920,325
Total operating expensesunverified$22,934,523$23,761,569$25,028,384$25,490,285$26,856,799$27,147,280
Net income from service to patientsunverified$94,234$174,731$244,165$952,680$1,693,871$773,045
Net incomeunverified$2,451,359$1,972,452$1,966,794$2,885,855$3,278,920$2,651,806
Cost of uncompensated careunverified$320,989$763,298$558,110$713,661$974,978$843,006
Total facility bad debt expenseunverified$294,821$352,955$168,773$536,419$422,853$337,128
Charity care charges and uninsured discountsunverified$141,287$566,661$478,134$420,820$730,744$643,862
Cost of charity careunverified$116,832$522,580$444,847$379,254$715,757$624,397
Operating marginunverified0.4%0.7%1.0%3.6%5.9%2.8%
Overall cost-to-charge ratiounverified71.0%67.0%69.1%62.9%60.9%63.6%
Occupancy rateunverified19.2%18.4%16.0%19.6%18.7%15.8%
Average length of stayunverified14.715.714.918.613.412.9
Uncompensated care as % of operating expenseunverified1.4%3.2%2.2%2.8%3.6%3.1%
Charity care cost-to-charge ratiounverified82.7%92.2%93.0%90.1%97.9%97.0%
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