GLENCOE REGIONAL HEALTH — financial and operating metrics

CCN 241355, GLENCOE, 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 availableunverified252525252424
Total bed days availableunverified9,1509,1259,1259,1258,7848,760
Total facility dischargesunverified889986742816879934
Total facility inpatient daysunverified3,2383,4682,8632,7753,4294,157
Total patient revenue (gross charges)unverified$95,503,549$117,941,742$121,926,706$137,042,875$156,165,108$171,975,661
Contractual allowances and discountsunverified$36,020,766$47,936,571$50,657,296$59,590,440$69,596,939$78,887,764
Net patient revenueunverified$59,482,783$70,005,171$71,269,410$77,452,435$86,568,169$93,087,897
Total operating expensesunverified$63,478,207$68,059,663$74,233,239$78,848,034$87,985,394$93,381,844
Net income from service to patientsunverified$-3,995,424$1,945,508$-2,963,829$-1,395,599$-1,417,225$-293,947
Net incomeunverified$6,502,081$10,248,464$-5,120,844$5,840,311$6,272,477$7,640,735
Cost of uncompensated careunverified$2,231,831$2,873,759$2,371,354$3,094,908$6,103,779$2,093,861
Total facility bad debt expenseunverified$726,974$584,247$561,107$982,921$919,191$2,176,450
Charity care charges and uninsured discountsunverified$2,310,500$3,321,317$2,955,300$3,440,157$8,117,540$985,439
Cost of charity careunverified$1,779,091$2,554,660$2,034,349$2,545,586$5,609,302$929,605
Operating marginunverified-6.7%2.8%-4.2%-1.8%-1.6%-0.3%
Overall cost-to-charge ratiounverified66.5%57.7%60.9%57.5%56.3%54.3%
Occupancy rateunverified35.4%38.0%31.4%30.4%39.0%47.5%
Average length of stayunverified3.63.53.93.43.94.5
Uncompensated care as % of operating expenseunverified3.5%4.2%3.2%3.9%6.9%2.2%
Charity care cost-to-charge ratiounverified77.0%76.9%68.8%74.0%69.1%94.3%
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