NORTHERN NEVADA SIERRA MEDICAL CNTR — financial and operating metrics

CCN 290061, RENO, NV · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2022 (240 days), FY2024 (243 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2022
240d
FY2023FY2024
243d
Total facility beds availableunverified158170170
Total bed days availableunverified38,07862,05041,480
Total facility dischargesunverified2,9515,5073,981
Total facility inpatient daysunverified12,92823,49217,451
Total patient revenue (gross charges)unverified$575,127,464$1,228,599,091$1,005,982,336
Contractual allowances and discountsunverified$513,378,168$1,099,481,208$901,753,521
Net patient revenueunverified$61,749,296$129,117,883$104,228,815
Total operating expensesunverified$105,188,025$171,157,455$146,248,503
Net income from service to patientsunverified$-43,438,729$-42,039,572$-42,019,688
Net incomeunverified$-43,381,627$-42,246,903$-41,826,189
Cost of uncompensated careunverified$1,787,016$4,281,390$3,401,284
Total facility bad debt expenseunverified$576,055$13,475,285$11,809,345
Charity care charges and uninsured discountsunverified$9,651,158$20,223,268$17,414,961
Cost of charity careunverified$1,687,016$2,599,180$2,071,757
Charges for insured patients' liabilityunverified$344,370$30,166
Operating marginunverified-70.3%-32.6%-40.3%
Overall cost-to-charge ratiounverified18.3%13.9%14.5%
Occupancy rateunverified34.0%37.9%42.1%
Average length of stayunverified4.44.34.4
Uncompensated care as % of operating expenseunverified1.7%2.5%2.3%
Charity care cost-to-charge ratiounverified17.5%12.9%11.9%
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