RICELAND MEDICAL CENTER — financial and operating metrics

CCN 451328, WINNIE, TX · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified252525252525
Total bed days availableunverified7,5509,1509,1259,1259,1259,150
Total facility dischargesunverified209286398356251238
Total facility inpatient daysunverified8901,9422,8982,6161,2471,053
Total patient revenue (gross charges)unverified$192,670,132$167,168,830$218,864,176$247,543,632$272,341,375$308,679,032
Contractual allowances and discountsunverified$165,358,045$138,439,436$183,613,675$210,284,309$237,391,113$266,648,789
Net patient revenueunverified$27,312,087$28,729,394$35,250,501$37,259,323$34,950,262$42,030,243
Total operating expensesunverified$31,130,528$32,353,773$39,440,184$40,565,000$37,931,548$42,470,193
Net income from service to patientsunverified$-3,818,441$-3,624,379$-4,189,683$-3,305,677$-2,981,286$-439,950
Net incomeunverified$-366,729$547,110$202,764$216,980$-2,923,953$1,024,602
Cost of uncompensated careunverified$1,860,385$1,023,295$1,034,651$1,429,085$1,890,862$1,849,609
Total facility bad debt expenseunverified$4,289,768$1,894,977$1,709,693$1,810,338$2,621,916$3,209,060
Charity care charges and uninsured discountsunverified$782,228$959,187$1,468,916$3,099,137$5,477,734$4,885,776
Cost of charity careunverified$283,287$346,026$473,672$852,077$1,133,574$940,376
Operating marginunverified-14.0%-12.6%-11.9%-8.9%-8.5%-1.0%
Overall cost-to-charge ratiounverified16.2%19.4%18.0%16.4%13.9%13.8%
Occupancy rateunverified11.8%21.2%31.8%28.7%13.7%11.5%
Average length of stayunverified4.36.87.37.35.04.4
Uncompensated care as % of operating expenseunverified6.0%3.2%2.6%3.5%5.0%4.4%
Charity care cost-to-charge ratiounverified36.2%36.1%32.2%27.5%20.7%19.2%
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