MAYO CLINIC HEALTH SYSTEM NEW PRAGUE — financial and operating metrics

CCN 241361, NEW PRAGUE, 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 availableunverified202020202023
Total bed days availableunverified7,3207,3007,3007,3007,3208,395
Total facility dischargesunverified469574682776564623
Total facility inpatient daysunverified3,7074,1345,1255,4555,8266,881
Total patient revenue (gross charges)unverified$91,578,858$109,067,456$116,754,099$135,113,618$135,160,093$157,685,226
Contractual allowances and discountsunverified$35,290,192$42,576,128$45,597,398$60,212,561$59,666,969$72,942,122
Net patient revenueunverified$56,288,666$66,491,328$71,156,701$74,901,057$75,493,124$84,743,104
Total operating expensesunverified$61,346,590$69,684,044$64,961,962$66,313,688$67,232,594$76,116,694
Net income from service to patientsunverified$-5,057,924$-3,192,716$6,194,739$8,587,369$8,260,530$8,626,410
Net incomeunverified$546,208$-2,589,259$6,599,074$9,043,263$8,584,089$9,475,132
Cost of uncompensated careunverified$1,459,682$1,091,382$1,249,561$1,821,664$1,903,912$2,223,661
Total facility bad debt expenseunverified$1,443,685$946,789$1,038,897$2,088,273$1,542,428$1,991,484
Charity care charges and uninsured discountsunverified$754,500$754,720$837,659$876,971$1,491,415$1,500,779
Cost of charity careunverified$598,680$570,434$723,028$796,682$1,120,712$1,259,302
Operating marginunverified-9.0%-4.8%8.7%11.5%10.9%10.2%
Overall cost-to-charge ratiounverified67.0%63.9%55.6%49.1%49.7%48.3%
Occupancy rateunverified50.6%56.6%70.2%74.7%79.6%82.0%
Average length of stayunverified7.97.27.57.010.311.0
Uncompensated care as % of operating expenseunverified2.4%1.6%1.9%2.7%2.8%2.9%
Charity care cost-to-charge ratiounverified79.3%75.6%86.3%90.8%75.1%83.9%
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