MCKENZIE COUNTY HEALTHCARE SYSTEMS INC — financial and operating metrics

CCN 351302, WATFORD CITY, 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 availableunverified242424242424
Total bed days availableunverified8,7608,7608,7608,7608,7848,760
Total facility dischargesunverified134215344406409508
Total facility inpatient daysunverified8221,2581,8671,7162,2602,934
Total patient revenue (gross charges)unverified$36,016,718$41,818,299$53,112,942$65,847,717$84,420,320$113,005,857
Contractual allowances and discountsunverified$11,207,099$9,947,912$15,663,812$22,738,255$33,116,271$47,528,189
Net patient revenueunverified$24,809,619$31,870,387$37,449,130$43,109,462$51,304,049$65,477,668
Total operating expensesunverified$37,224,641$45,831,328$45,899,798$51,806,900$58,984,527$81,761,219
Net income from service to patientsunverified$-12,415,022$-13,960,941$-8,450,668$-8,697,438$-7,680,478$-16,283,551
Net incomeunverified$-6,892,345$-6,386,209$-5,805,846$2,988,911$4,849,279$-1,366,695
Cost of uncompensated careunverified$3,346,074$2,845,091$2,057,051$3,773,155$3,346,207$4,633,907
Total facility bad debt expenseunverified$3,111,454$2,450,552$2,435,737$4,948,359$5,270,673$6,069,512
Charity care charges and uninsured discountsunverified$516,982$382,780$144,834$186,583$109,080$817,973
Cost of charity careunverified$234,576$384,369$115,452$137,101$67,848$550,333
Operating marginunverified-50.0%-43.8%-22.6%-20.2%-15.0%-24.9%
Overall cost-to-charge ratiounverified103.4%109.6%86.4%78.7%69.9%72.4%
Occupancy rateunverified9.4%14.4%21.3%19.6%25.7%33.5%
Average length of stayunverified6.15.95.44.25.55.8
Uncompensated care as % of operating expenseunverified9.0%6.2%4.5%7.3%5.7%5.7%
Charity care cost-to-charge ratiounverified45.4%100.4%79.7%73.5%62.2%67.3%
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