MONUMENT HEALTH RAPID CITY HOSPITAL — financial and operating metrics

CCN 430077, RAPID CITY, SD · 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 availableunverified381385385385385416
Total bed days availableunverified136,204139,081140,525140,525140,910151,840
Total facility dischargesunverified18,69718,60118,44518,45918,38019,140
Total facility inpatient daysunverified89,109100,603103,711100,56299,43498,593
Total patient revenue (gross charges)unverified$1,790,250,109$2,118,328,823$2,410,890,730$2,527,684,051$2,870,030,360$3,106,720,574
Contractual allowances and discountsunverified$1,163,634,331$1,390,432,181$1,685,683,041$1,820,208,715$2,085,833,312$2,276,619,374
Net patient revenueunverified$626,615,778$727,896,642$725,207,689$707,475,336$784,197,048$830,101,200
Total operating expensesunverified$602,098,718$785,465,808$811,999,624$842,848,003$897,013,670$959,218,702
Net income from service to patientsunverified$24,517,060$-57,569,166$-86,791,935$-135,372,667$-112,816,622$-129,117,502
Net incomeunverified$21,706,145$145,148,642$-64,738,605$-4,472,923$68,745,291$83,952,169
Cost of uncompensated careunverified$29,943,567$28,462,254$22,269,261$29,137,013$23,426,989$20,917,374
Total facility bad debt expenseunverified$75,677,585$73,706,187$54,550,455$81,998,610$73,302,131$70,548,415
Charity care charges and uninsured discountsunverified$26,076,649$22,326,462$18,317,311$19,032,530$13,358,699$8,841,149
Cost of charity careunverified$7,832,760$7,098,430$6,133,805$5,861,928$4,249,313$3,112,272
Operating marginunverified3.9%-7.9%-12.0%-19.1%-14.4%-15.6%
Overall cost-to-charge ratiounverified33.6%37.1%33.7%33.3%31.3%30.9%
Occupancy rateunverified65.4%72.3%73.8%71.6%70.6%64.9%
Average length of stayunverified4.85.45.65.45.45.2
Uncompensated care as % of operating expenseunverified5.0%3.6%2.7%3.5%2.6%2.2%
Charity care cost-to-charge ratiounverified30.0%31.8%33.5%30.8%31.8%35.2%
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