WATERTOWN MEMORIAL HOSPITAL — financial and operating metrics

CCN 520116, WATERTOWN, WI · 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 availableunverified808076767676
Total bed days availableunverified29,28029,20027,74027,74027,81627,740
Total facility dischargesunverified2,0062,0672,0382,0022,0111,878
Total facility inpatient daysunverified6,3936,9827,1756,4256,1145,617
Total patient revenue (gross charges)unverified$243,430,595$287,193,489$317,445,153$314,763,190$345,336,912$371,863,703
Contractual allowances and discountsunverified$150,225,776$182,736,445$209,926,102$212,396,873$237,089,956$258,318,955
Net patient revenueunverified$93,204,819$104,457,044$107,519,051$102,366,317$108,246,956$113,544,748
Total operating expensesunverified$98,910,253$103,353,785$105,990,925$124,284,412$107,404,512$110,359,116
Net income from service to patientsunverified$-5,705,434$1,103,259$1,528,126$-21,918,095$842,444$3,185,632
Net incomeunverified$5,065,217$4,568,804$4,622,635$-19,811,181$3,695,363$5,781,894
Cost of uncompensated careunverified$611,647$1,361,002$1,475,198$1,608,055$1,606,059$1,914,568
Total facility bad debt expenseunverified$387,063$3,275,575$3,312,358$3,038,820$3,313,605$4,375,165
Charity care charges and uninsured discountsunverified$2,040,945$1,585,276$1,892,515$2,314,092$2,845,343$3,385,420
Cost of charity careunverified$479,564$435,074$528,137$688,514$729,816$823,815
Operating marginunverified-6.1%1.1%1.4%-21.4%0.8%2.8%
Overall cost-to-charge ratiounverified40.6%36.0%33.4%39.5%31.1%29.7%
Occupancy rateunverified21.8%23.9%25.9%23.2%22.0%20.2%
Average length of stayunverified3.23.43.53.23.03.0
Uncompensated care as % of operating expenseunverified0.6%1.3%1.4%1.3%1.5%1.7%
Charity care cost-to-charge ratiounverified23.5%27.4%27.9%29.8%25.6%24.3%
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