METHODIST FREMONT HEALTH — financial and operating metrics

CCN 280077, FREMONT, NE · 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 availableunverified505050505070
Total bed days availableunverified18,30018,25018,25018,25018,30025,550
Total facility dischargesunverified2,4772,4032,5332,9582,9483,931
Total facility inpatient daysunverified8,4047,9258,5309,1349,36213,961
Total patient revenue (gross charges)unverified$290,902,649$333,330,627$351,305,520$402,624,380$423,792,069$457,959,091
Contractual allowances and discountsunverified$182,740,650$201,289,627$221,330,520$257,679,578$276,050,375$278,457,091
Net patient revenueunverified$108,161,999$132,041,000$129,975,000$144,944,802$147,741,694$179,502,000
Total operating expensesunverified$108,280,151$111,018,570$120,810,949$127,117,373$134,540,361$153,185,289
Net income from service to patientsunverified$-118,152$21,022,430$9,164,051$17,827,429$13,201,333$26,316,711
Net incomeunverified$11,198,000$33,417,000$11,222,000$29,689,155$30,159,427$31,414,711
Cost of uncompensated careunverified$2,346,327$4,452,048$4,978,681$5,101,696$5,650,994$5,580,374
Total facility bad debt expenseunverified$277,248$4,248,406$4,550,834$4,969,845$5,623,612$6,895,837
Charity care charges and uninsured discountsunverified$6,221,149$8,394,047$9,528,185$10,156,879$11,207,566$9,368,831
Cost of charity careunverified$2,254,537$3,217,246$3,566,978$3,668,419$4,051,285$3,519,461
Operating marginunverified-0.1%15.9%7.1%12.3%8.9%14.7%
Overall cost-to-charge ratiounverified37.2%33.3%34.4%31.6%31.7%33.4%
Occupancy rateunverified45.9%43.4%46.7%50.0%51.2%54.6%
Average length of stayunverified3.43.33.43.13.23.6
Uncompensated care as % of operating expenseunverified2.2%4.0%4.1%4.0%4.2%3.6%
Charity care cost-to-charge ratiounverified36.2%38.3%37.4%36.1%36.1%37.6%
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