CCN 241380, PARK RAPIDS, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 25 | 25 | 25 | 25 | 25 | 25 |
| Total bed days availableunverified | 9,150 | 9,125 | 9,125 | 9,125 | 9,150 | 9,125 |
| Total facility dischargesunverified | 1,145 | 1,146 | 950 | 903 | 841 | 739 |
| Total facility inpatient daysunverified | 4,201 | 4,261 | 3,872 | 3,487 | 3,393 | 2,907 |
| Total patient revenue (gross charges)unverified | $105,699,463 | $107,865,659 | $107,150,041 | $110,252,588 | $108,501,058 | $108,051,702 |
| Contractual allowances and discountsunverified | $58,838,071 | $59,840,318 | $60,251,636 | $63,781,336 | $62,640,469 | $64,046,488 |
| Net patient revenueunverified | $46,861,392 | $48,025,341 | $46,898,405 | $46,471,252 | $45,860,589 | $44,005,214 |
| Total operating expensesunverified | $48,341,862 | $47,692,516 | $50,599,995 | $50,499,081 | $52,263,027 | $53,375,194 |
| Net income from service to patientsunverified | $-1,480,470 | $332,825 | $-3,701,590 | $-4,027,829 | $-6,402,438 | $-9,369,980 |
| Net incomeunverified | $5,127,058 | $20,999,559 | $-2,667,127 | $2,418,278 | $7,408,293 | $7,631,281 |
| Cost of uncompensated careunverified | $1,301,483 | $1,532,951 | $1,068,084 | $1,046,597 | $1,042,340 | $1,286,070 |
| Total facility bad debt expenseunverified | $1,341,522 | $1,348,629 | $1,411,138 | $1,249,114 | $1,220,161 | $1,256,988 |
| Charity care charges and uninsured discountsunverified | $1,698,211 | $1,984,066 | $1,206,790 | $1,164,763 | $1,193,477 | $1,553,069 |
| Cost of charity careunverified | $777,240 | $1,007,488 | $518,008 | $552,869 | $533,454 | $769,850 |
| Operating marginunverified | -3.2% | 0.7% | -7.9% | -8.7% | -14.0% | -21.3% |
| Overall cost-to-charge ratiounverified | 45.7% | 44.2% | 47.2% | 45.8% | 48.2% | 49.4% |
| Occupancy rateunverified | 45.9% | 46.7% | 42.4% | 38.2% | 37.1% | 31.9% |
| Average length of stayunverified | 3.7 | 3.7 | 4.1 | 3.9 | 4.0 | 3.9 |
| Uncompensated care as % of operating expenseunverified | 2.7% | 3.2% | 2.1% | 2.1% | 2.0% | 2.4% |
| Charity care cost-to-charge ratiounverified | 45.8% | 50.8% | 42.9% | 47.5% | 44.7% | 49.6% |