GLACIAL RIDGE HOSPITAL — financial and operating metrics

CCN 241376, GLENWOOD, 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 availableunverified191919191919
Total bed days availableunverified6,9546,9356,9356,9356,9546,935
Total facility dischargesunverified354411411433555666
Total facility inpatient daysunverified2,4903,0482,7922,4622,6483,134
Total patient revenue (gross charges)unverified$73,199,100$85,874,703$85,872,368$90,004,419$96,344,456$109,166,887
Contractual allowances and discountsunverified$31,368,470$40,229,349$38,982,811$42,649,543$43,301,344$50,310,062
Net patient revenueunverified$41,830,630$45,645,354$46,889,557$47,354,876$53,043,112$58,856,825
Total operating expensesunverified$45,743,338$49,164,008$49,371,662$52,968,044$57,019,979$62,567,040
Net income from service to patientsunverified$-3,912,708$-3,518,654$-2,482,105$-5,613,168$-3,976,867$-3,710,215
Net incomeunverified$432,334$8,786,866$1,181,843$-394,956$717,591$7,315,134
Cost of uncompensated careunverified$610,488$348,564$505,060$476,779$562,130$472,329
Total facility bad debt expenseunverified$441,886$174,491$349,306$280,174$224,081$257,449
Charity care charges and uninsured discountsunverified$527,136$380,467$419,150$448,562$653,180$530,922
Cost of charity careunverified$351,516$254,232$313,892$319,205$444,710$334,956
Operating marginunverified-9.4%-7.7%-5.3%-11.9%-7.5%-6.3%
Overall cost-to-charge ratiounverified62.5%57.3%57.5%58.9%59.2%57.3%
Occupancy rateunverified35.8%44.0%40.3%35.5%38.1%45.2%
Average length of stayunverified7.07.46.85.74.84.7
Uncompensated care as % of operating expenseunverified1.3%0.7%1.0%0.9%1.0%0.8%
Charity care cost-to-charge ratiounverified66.7%66.8%74.9%71.2%68.1%63.1%
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