| RIDGEVIEW MEDICAL CENTER | Hospital POS Number | 240056 |
| 500 SOUTH MAPLE STREET | Hospital Control | Nonprofit - Other |
| WACONIA , MN 55387 | Hospital Type | General Short Term |
| CARVER | Medicare Utilization | Full Util |
| Hospital Location is Urban | ||
| Total Cost Report Beds 84 | ||
| Cost Report 774729 12/31/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 1.6 | Patient Occupancy Percent | 62.0% | ||
| Days to Collect in AR | 55.3 Days | Avg Length of Stay (LOS) | 4.8 Days | ||
| Avg AP Payment Days | 87.6 Days | Medicare LOS | 5.1 Days | ||
| Days of Cash in Bank | 2.2 Days | Employee Avg Hourly Wages | $45.71 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $141,895,350 | Total Charges | $838,814,507 | ||
| Fixed Assets | $153,303,317 | Contract Allowance | $528,962,445; | 63.1% | |
| Other Assets | $115,607,572 | Operating Revenue | $309,852,062 | 36.9% | |
| Total Assets | $410,806,239 | Operating Expenses | $348,838,183 | 112.6% | |
| Current Liabilities | $89,603,596 | Operating Margin | ($38,986,121) | -12.6% | |
| Long Term Liabilities | $161,862,914 | Other Income | $44,460,678 | 14.3% | |
| Total Equity | $159,339,729 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $410,806,239 | Net Profit or Loss | $5,474,557 | 1.8% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $31,627,972 | $63,921,885 | 0.4948 |
| 31 | Intensive Care Unit | $11,587,545 | $36,482,343 | 0.3176 |
| 32 | Coronary Care Unit | $3,259,459 | $12,057,902 | 0.2703 |
| 43 | Nursery | $2,390,823 | $5,462,408 | 0.4377 |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $22,766,448 | $85,141,794 | 0.2674 |
| 51 | Recovery Room | $2,352,142 | $7,862,045 | 0.2992 |
| 52 | Labor and Delivery Room | $2,422,994 | $8,073,910 | 0.3001 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $5,585,371 | 13 | Nursing Administration | $2,320,741 |
| 02,03 | Captial Related - Movable Equipment | $6,103,668 | 14 | Central Services and Supply | $0 |
| 04 | Employee Benefits | $19,398,846 | 15 | Pharmacy | $0 |
| 05 | Administrative and General | $41,582,601 | 16 | Medical Records and Medical Library | $2,911,808 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $818,566 |
| 07 | Operation of Plant | $13,471,392 | 18 | Other General Service Expense | $943,758 |
| 08,09 | Laundry, Linen and Housekeeping | $2,421,394 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $1,330,886 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $96,889,031 |