WESTFIELDS HOSPITAL AND CLINIC — financial and operating metrics

CCN 521345, NEW RICHMOND, 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 dischargesunverified7758151,0391,0541,024903
Total facility inpatient daysunverified2,9353,5313,6573,7023,2253,707
Total patient revenue (gross charges)unverified$124,940,282$149,839,472$157,762,288$185,791,591$204,655,609$220,421,062
Contractual allowances and discountsunverified$58,661,481$70,491,474$79,644,827$93,215,023$106,938,243$117,114,115
Net patient revenueunverified$66,278,801$79,347,998$78,117,461$92,576,568$97,717,366$103,306,947
Total operating expensesunverified$67,283,273$75,014,964$79,736,101$89,377,169$93,443,296$96,241,366
Net income from service to patientsunverified$-1,004,472$4,333,034$-1,618,640$3,199,399$4,274,070$7,065,581
Net incomeunverified$6,267,434$7,499,074$4,195,351$7,530,711$8,106,058$14,370,662
Cost of uncompensated careunverified$2,180,391$2,405,548$2,893,374$9,418,020$1,770,284$1,394,493
Total facility bad debt expenseunverified$2,081,853$1,266,269$1,760,704$1,760,704$1,985,949$1,047,434
Charity care charges and uninsured discountsunverified$1,674,630$2,613,322$2,694,134$12,019,578$2,090,106$2,367,494
Cost of charity careunverified$1,191,188$1,872,260$2,147,414$8,672,568$994,175$1,016,634
Charges for insured patients' liabilityunverified$145,348$131,325
Operating marginunverified-1.5%5.5%-2.1%3.5%4.4%6.8%
Overall cost-to-charge ratiounverified53.9%50.1%50.5%48.1%45.7%43.7%
Occupancy rateunverified32.1%38.7%40.1%40.6%35.2%40.6%
Average length of stayunverified3.84.33.53.53.14.1
Uncompensated care as % of operating expenseunverified3.2%3.2%3.6%10.5%1.9%1.4%
Charity care cost-to-charge ratiounverified71.1%71.6%79.7%72.2%47.6%42.9%
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