LAREDO MEDICAL CENTER — financial and operating metrics

CCN 450029, LAREDO, TX · 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 availableunverified296296296296289269
Total bed days availableunverified108,336108,040108,040108,040101,72798,185
Total facility dischargesunverified12,09812,42213,66112,84113,86613,113
Total facility inpatient daysunverified70,55074,61074,94668,91266,93563,554
Total patient revenue (gross charges)unverified$2,161,312,136$2,403,544,422$2,626,444,851$2,774,882,522$2,929,919,134$3,130,267,122
Contractual allowances and discountsunverified$1,903,756,514$2,103,433,544$2,320,201,837$2,424,501,001$2,554,493,326$2,753,434,610
Net patient revenueunverified$257,555,622$300,110,878$306,243,014$350,381,521$375,425,808$376,832,512
Total operating expensesunverified$194,206,924$207,949,753$221,283,298$227,412,084$253,249,077$292,186,399
Net income from service to patientsunverified$63,348,698$92,161,125$84,959,716$122,969,437$122,176,731$84,646,113
Net incomeunverified$68,283,168$95,933,824$87,514,919$125,216,969$125,233,951$88,982,410
Cost of uncompensated careunverified$29,273,364$27,433,166$33,048,920$29,568,092$34,129,355$33,312,299
Total facility bad debt expenseunverified$102,079,760$50,052,162$64,879,732$74,898,661$70,765,999$71,475,564
Charity care charges and uninsured discountsunverified$187,395,020$229,516,747$283,797,306$238,406,756$291,403,955$320,451,829
Cost of charity careunverified$18,298,977$21,834,896$26,200,113$21,981,149$27,042,774$26,765,920
Operating marginunverified24.6%30.7%27.7%35.1%32.5%22.5%
Overall cost-to-charge ratiounverified9.0%8.7%8.4%8.2%8.6%9.3%
Occupancy rateunverified65.1%69.1%69.4%63.8%65.8%64.7%
Average length of stayunverified5.86.05.55.44.84.8
Uncompensated care as % of operating expenseunverified15.1%13.2%14.9%13.0%13.5%11.4%
Charity care cost-to-charge ratiounverified9.8%9.5%9.2%9.2%9.3%8.4%
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