MAYO CLINIC HEALTH SYSTEM CHIPPEWA VALLEY — financial and operating metrics

CCN 521314, BLOOMER, 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified177254163281367416
Total facility inpatient daysunverified5,8835,9714,5114,5597,2657,645
Total patient revenue (gross charges)unverified$62,284,515$68,801,381$69,797,744$80,695,207$108,292,705$123,147,510
Contractual allowances and discountsunverified$26,089,661$26,865,981$29,933,854$37,190,403$53,050,370$66,005,971
Net patient revenueunverified$36,194,854$41,935,400$39,863,890$43,504,804$55,242,335$57,141,539
Total operating expensesunverified$37,527,938$39,496,636$37,876,790$38,751,138$44,801,448$48,551,203
Net income from service to patientsunverified$-1,333,084$2,438,764$1,987,100$4,753,666$10,440,887$8,590,336
Net incomeunverified$-444,439$2,531,239$2,069,454$4,850,094$10,526,838$8,688,384
Cost of uncompensated careunverified$85,735$152,787$1,505,789$1,646,949$1,979,210$853,761
Total facility bad debt expenseunverified$244,958$269,203$900,829$1,591,109$1,432,848$1,155,410
Charity care charges and uninsured discountsunverified$1,134,668$1,082,706$1,773,021$552,929
Cost of charity careunverified$1,061,424$911,929$1,360,594$388,084
Operating marginunverified-3.7%5.8%5.0%10.9%18.9%15.0%
Overall cost-to-charge ratiounverified60.3%57.4%54.3%48.0%41.4%39.4%
Occupancy rateunverified64.3%65.4%49.4%50.0%79.4%83.8%
Average length of stayunverified33.223.527.716.219.818.4
Uncompensated care as % of operating expenseunverified0.2%0.4%4.0%4.3%4.4%1.8%
Charity care cost-to-charge ratiounverified93.5%84.2%76.7%70.2%
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