SANFORD MEDICAL CENTER FARGO — financial and operating metrics

CCN 350011, FARGO, ND · 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 availableunverified496504493493506502
Total bed days availableunverified174,435180,188187,700179,945180,826182,160
Total facility dischargesunverified25,57826,07024,68723,76324,64625,251
Total facility inpatient daysunverified137,775145,001139,606124,489129,509130,709
Total patient revenue (gross charges)unverified$3,328,469,202$3,702,671,670$3,834,613,522$4,119,401,968$4,486,354,414$4,880,596,209
Contractual allowances and discountsunverified$2,022,912,956$2,239,241,604$2,323,898,747$2,534,331,235$2,843,630,962$3,114,832,486
Net patient revenueunverified$1,305,556,246$1,463,430,066$1,510,714,775$1,585,070,733$1,642,723,452$1,765,763,723
Total operating expensesunverified$1,396,008,404$1,554,276,907$1,713,856,053$1,761,516,762$1,931,613,407$2,180,246,713
Net income from service to patientsunverified$-90,452,158$-90,846,841$-203,141,278$-176,446,029$-288,889,955$-414,482,990
Net incomeunverified$165,162,929$156,580,369$62,567,604$157,764,796$125,108,481$135,886,073
Cost of uncompensated careunverified$28,784,255$26,367,783$27,973,949$26,980,107$32,294,419$33,782,546
Total facility bad debt expenseunverified$27,628,647$25,458,395$30,630,234$35,561,067$35,671,259$38,725,201
Charity care charges and uninsured discountsunverified$49,759,791$44,122,604$41,835,059$39,711,632$53,582,824$56,044,873
Cost of charity careunverified$19,561,630$17,949,676$17,569,986$15,790,979$21,471,319$22,232,367
Operating marginunverified-6.9%-6.2%-13.4%-11.1%-17.6%-23.5%
Overall cost-to-charge ratiounverified41.9%42.0%44.7%42.8%43.1%44.7%
Occupancy rateunverified79.0%80.5%74.4%69.2%71.6%71.8%
Average length of stayunverified5.45.65.75.25.35.2
Uncompensated care as % of operating expenseunverified2.1%1.7%1.6%1.5%1.7%1.5%
Charity care cost-to-charge ratiounverified39.3%40.7%42.0%39.8%40.1%39.7%
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