SANFORD THIEF RIVER FALLS MEDICAL CENTER — financial and operating metrics

CCN 241381, THIEF RIVER FALLS, 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 dischargesunverified904911783611681775
Total facility inpatient daysunverified4,0083,8323,7922,5682,7302,924
Total patient revenue (gross charges)unverified$112,530,240$130,619,001$133,089,482$137,480,559$149,665,711$162,162,443
Contractual allowances and discountsunverified$46,311,451$56,335,132$59,123,057$65,937,816$73,704,798$81,613,778
Net patient revenueunverified$66,218,789$74,283,869$73,966,425$71,542,743$75,960,913$80,548,665
Total operating expensesunverified$64,706,375$66,214,580$68,215,094$70,884,915$77,205,299$84,597,831
Net income from service to patientsunverified$1,512,414$8,069,289$5,751,331$657,828$-1,244,386$-4,049,166
Net incomeunverified$12,793,679$17,255,681$15,170,267$15,018,632$11,865,962$13,878,102
Cost of uncompensated careunverified$1,506,173$1,527,506$4,082,252$4,824,322$4,292,954$4,463,251
Total facility bad debt expenseunverified$1,430,228$2,016,395$1,675,109$2,223,810$3,278,153$3,284,145
Charity care charges and uninsured discountsunverified$1,217,796$877,178$3,698,300$4,362,377$2,984,325$3,243,865
Cost of charity careunverified$815,807$646,275$3,375,121$3,890,182$2,954,883$3,148,784
Operating marginunverified2.3%10.9%7.8%0.9%-1.6%-5.0%
Overall cost-to-charge ratiounverified57.5%50.7%51.3%51.6%51.6%52.2%
Occupancy rateunverified43.8%42.0%41.6%28.1%29.8%32.0%
Average length of stayunverified4.44.24.84.24.03.8
Uncompensated care as % of operating expenseunverified2.3%2.3%6.0%6.8%5.6%5.3%
Charity care cost-to-charge ratiounverified67.0%73.7%91.3%89.2%99.0%97.1%
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