SANFORD LUVERNE MEDICAL CENTER — financial and operating metrics

CCN 241371, LUVERNE, 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 dischargesunverified323382432426376374
Total facility inpatient daysunverified2,3062,5032,5172,2631,9862,108
Total patient revenue (gross charges)unverified$46,303,575$52,623,774$57,844,457$62,301,855$68,351,016$69,371,994
Contractual allowances and discountsunverified$19,296,692$22,076,667$26,369,350$31,607,972$34,680,673$37,295,379
Net patient revenueunverified$27,006,883$30,547,107$31,475,107$30,693,883$33,670,343$32,076,615
Total operating expensesunverified$25,504,467$27,134,645$29,090,132$28,964,398$29,849,532$30,284,608
Net income from service to patientsunverified$1,502,416$3,412,462$2,384,975$1,729,485$3,820,811$1,792,007
Net incomeunverified$4,898,112$6,596,016$5,138,445$4,281,208$6,094,156$4,577,307
Cost of uncompensated careunverified$1,672,309$1,723,048$1,627,161$1,728,607$1,683,709$1,732,692
Total facility bad debt expenseunverified$778,719$985,195$807,891$976,983$1,269,188$1,251,829
Charity care charges and uninsured discountsunverified$1,383,565$1,322,699$1,453,042$1,421,843$1,224,811$1,252,057
Cost of charity careunverified$1,241,248$1,211,349$1,236,658$1,287,079$1,133,208$1,181,579
Operating marginunverified5.6%11.2%7.6%5.6%11.3%5.6%
Overall cost-to-charge ratiounverified55.1%51.6%50.3%46.5%43.7%43.7%
Occupancy rateunverified25.2%27.4%27.6%24.8%21.7%23.1%
Average length of stayunverified7.16.65.85.35.35.6
Uncompensated care as % of operating expenseunverified6.6%6.3%5.6%6.0%5.6%5.7%
Charity care cost-to-charge ratiounverified89.7%91.6%85.1%90.5%92.5%94.4%
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