MIDWEST SURGICAL HOSPITAL LLC — financial and operating metrics

CCN 280131, OMAHA, 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 availableunverified191919191919
Total bed days availableunverified6,9546,9356,9356,9356,9546,935
Total facility dischargesunverified1,191838787295451473
Total facility inpatient daysunverified2,0151,5451,0936869891,047
Total patient revenue (gross charges)unverified$157,140,026$206,453,437$207,900,354$223,171,926$238,276,865$240,959,040
Contractual allowances and discountsunverified$102,457,793$139,518,246$137,837,259$151,487,035$164,800,496$167,507,033
Net patient revenueunverified$54,682,233$66,935,191$70,063,095$71,684,891$73,476,369$73,452,007
Total operating expensesunverified$34,001,960$42,060,891$44,671,392$47,827,608$47,863,667$49,636,673
Net income from service to patientsunverified$20,680,273$24,874,300$25,391,703$23,857,283$25,612,702$23,815,334
Net incomeunverified$21,560,138$29,249,857$24,837,382$24,689,125$27,812,337$23,944,999
Cost of uncompensated careunverified$143,493$238,287$230,285$263,383$242,320$322,499
Total facility bad debt expenseunverified$418,186$710,039$833,043$917,307$1,160,666$1,488,497
Charity care charges and uninsured discountsunverified$90,913$117,800$62,294$84,764$24,053$39,348
Cost of charity careunverified$54,567$95,943$55,479$78,717$19,968$35,934
Operating marginunverified37.8%37.2%36.2%33.3%34.9%32.4%
Overall cost-to-charge ratiounverified21.6%20.4%21.5%21.4%20.1%20.6%
Occupancy rateunverified29.0%22.3%15.8%9.9%14.2%15.1%
Average length of stayunverified1.71.81.42.32.22.2
Uncompensated care as % of operating expenseunverified0.4%0.6%0.5%0.6%0.5%0.6%
Charity care cost-to-charge ratiounverified60.0%81.4%89.1%92.9%83.0%91.3%
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