NEW ULM MEDICAL CENTER — financial and operating metrics

CCN 241378, NEW ULM, 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 availableunverified242424242424
Total bed days availableunverified8,7848,7608,7608,7608,7848,760
Total facility dischargesunverified1,3911,5001,5081,4681,5641,702
Total facility inpatient daysunverified4,1284,6784,5924,0994,4834,971
Total patient revenue (gross charges)unverified$213,169,655$251,310,087$260,441,757$275,867,726$287,660,980$301,241,980
Contractual allowances and discountsunverified$102,279,800$124,855,043$131,882,968$141,741,776$148,625,685$161,400,476
Net patient revenueunverified$110,889,855$126,455,044$128,558,789$134,125,950$139,035,295$139,841,504
Total operating expensesunverified$109,141,744$116,837,139$123,173,767$125,590,774$129,417,686$132,083,314
Net income from service to patientsunverified$1,748,111$9,617,905$5,385,022$8,535,176$9,617,609$7,758,190
Net incomeunverified$12,128,960$14,713,516$11,676,445$14,351,722$15,761,495$14,138,266
Cost of uncompensated careunverified$2,411,040$1,545,242$2,221,964$1,601,027$1,617,539$1,861,091
Total facility bad debt expenseunverified$2,168,845$2,005,181$2,288,704$1,585,554$1,533,933$1,580,233
Charity care charges and uninsured discountsunverified$2,523,610$1,055,920$2,082,297$1,555,886$1,762,365$2,105,640
Cost of charity careunverified$1,389,346$635,895$1,124,547$854,319$928,844$1,162,540
Operating marginunverified1.6%7.6%4.2%6.4%6.9%5.5%
Overall cost-to-charge ratiounverified51.2%46.5%47.3%45.5%45.0%43.8%
Occupancy rateunverified47.0%53.4%52.4%46.8%51.0%56.7%
Average length of stayunverified3.03.13.02.82.92.9
Uncompensated care as % of operating expenseunverified2.2%1.3%1.8%1.3%1.2%1.4%
Charity care cost-to-charge ratiounverified55.1%60.2%54.0%54.9%52.7%55.2%
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