CENTRACARE - REDWOOD — financial and operating metrics

CCN 241351, REDWOOD 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 availableunverified251414141414
Total bed days availableunverified9,1507,6845,1105,1105,1245,110
Total facility dischargesunverified450446444499456444
Total facility inpatient daysunverified1,7451,6541,7491,7081,7471,832
Total patient revenue (gross charges)unverified$56,559,176$73,194,846$84,003,916$90,024,490$97,594,473$96,705,658
Contractual allowances and discountsunverified$22,012,972$29,278,043$35,641,905$34,328,835$36,842,183$37,293,747
Net patient revenueunverified$34,546,204$43,916,803$48,362,011$55,695,655$60,752,290$59,411,911
Total operating expensesunverified$33,396,944$39,392,591$48,989,571$50,663,913$56,567,660$57,433,039
Net income from service to patientsunverified$1,149,260$4,524,212$-627,560$5,031,742$4,184,630$1,978,872
Net incomeunverified$4,400,029$2,019,941$133,996$6,253,301$5,490,022$3,145,131
Cost of uncompensated careunverified$123,652$412,998$326,720$911,571$649,367$420,898
Total facility bad debt expenseunverified$188,637$786,375$587,146$978,688$730,570$175,526
Charity care charges and uninsured discountsunverified$20,869$33,615$3,752$909,312$367,168$435,007
Cost of charity careunverified$15,001$27,419$399,948$266,954$359,464
Operating marginunverified3.3%10.3%-1.3%9.0%6.9%3.3%
Overall cost-to-charge ratiounverified59.0%53.8%58.3%56.3%58.0%59.4%
Occupancy rateunverified19.1%21.5%34.2%33.4%34.1%35.9%
Average length of stayunverified3.93.73.93.43.84.1
Uncompensated care as % of operating expenseunverified0.4%1.0%0.7%1.8%1.1%0.7%
Charity care cost-to-charge ratiounverified71.9%81.6%44.0%72.7%82.6%
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