RENOWN SOUTH MEADOWS MEDICAL CENTER — financial and operating metrics

CCN 290049, RENO, NV · 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 availableunverified767676606064
Total bed days availableunverified27,81627,74027,74021,90021,96023,360
Total facility dischargesunverified4,1064,1014,0893,8834,1544,402
Total facility inpatient daysunverified13,20617,07815,97014,30715,86616,967
Total patient revenue (gross charges)unverified$538,687,390$622,099,161$663,181,166$671,143,808$733,050,727$917,347,303
Contractual allowances and discountsunverified$404,022,539$469,293,073$494,953,012$495,206,998$528,225,586$698,182,437
Net patient revenueunverified$134,664,851$152,806,088$168,228,154$175,936,810$204,825,141$219,164,866
Total operating expensesunverified$120,407,743$140,669,440$157,675,804$160,707,320$181,685,188$213,597,869
Net income from service to patientsunverified$14,257,108$12,136,648$10,552,350$15,229,490$23,139,953$5,566,997
Net incomeunverified$20,074,833$17,176,490$14,580,618$16,179,455$24,147,934$22,255,421
Cost of uncompensated careunverified$3,879,962$3,937,860$4,075,433$4,000,169$4,084,863$4,027,594
Total facility bad debt expenseunverified$9,784,790$7,757,081$8,504,323$9,751,018$10,058,112$8,946,267
Charity care charges and uninsured discountsunverified$8,187,640$10,154,748$9,034,025$8,275,450$8,478,108$10,023,649
Cost of charity careunverified$1,797,465$2,270,074$2,213,865$1,883,542$1,843,200$2,173,648
Charges for insured patients' liabilityunverified$21,903$33,135$145,600
Operating marginunverified10.6%7.9%6.3%8.7%11.3%2.5%
Overall cost-to-charge ratiounverified22.4%22.6%23.8%23.9%24.8%23.3%
Occupancy rateunverified47.5%61.6%57.6%65.3%72.2%72.6%
Average length of stayunverified3.24.23.93.73.83.9
Uncompensated care as % of operating expenseunverified3.2%2.8%2.6%2.5%2.2%1.9%
Charity care cost-to-charge ratiounverified22.0%22.4%24.5%22.8%21.7%21.7%
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