| CARRIS HEALTH - REDWOOD, LLC | Hospital POS Number | 241351 |
| 101 CARING WAY | Hospital Control | Nonprofit - Other |
| REDWOOD FALLS , MN 56283 | Hospital Type | General Short Term |
| REDWOOD | Medicare Utilization | Full Util |
| Hospital Location is Rural | ||
| Total Cost Report Beds 14 | ||
| Cost Report 757710 6/30/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 1.8 | Patient Occupancy Percent | 33.4% | ||
| Days to Collect in AR | 125.3 Days | Avg Length of Stay (LOS) | 3.4 Days | ||
| Avg AP Payment Days | 24.0 Days | Medicare LOS | 4.0 Days | ||
| Days of Cash in Bank | 16.4 Days | Employee Avg Hourly Wages | $0.00 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $9,330,684 | Total Charges | $90,024,490 | ||
| Fixed Assets | $49,942,816 | Contract Allowance | $34,328,835; | 38.1% | |
| Other Assets | ($14,251,715) | Operating Revenue | $55,695,655 | 61.9% | |
| Total Assets | $45,021,785 | Operating Expenses | $50,663,913 | 91.0% | |
| Current Liabilities | $5,219,932 | Operating Margin | $5,031,742 | 9.0% | |
| Long Term Liabilities | $80,706 | Other Income | $1,221,559 | 2.2% | |
| Total Equity | $39,721,147 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $45,021,785 | Net Profit or Loss | $6,253,301 | 11.2% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $6,367,758 | $3,994,110 | 1.5943 |
| 31 | Intensive Care Unit | $0 | $0 | |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $297,646 | $520,808 | 0.5715 |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $3,716,537 | $5,465,364 | 0.6800 |
| 51 | Recovery Room | $0 | $0 | |
| 52 | Labor and Delivery Room | $319,358 | $457,066 | 0.6987 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $5,779,240 | 13 | Nursing Administration | $233,092 |
| 02,03 | Captial Related - Movable Equipment | $968,799 | 14 | Central Services and Supply | $0 |
| 04 | Employee Benefits | $4,350,058 | 15 | Pharmacy | $0 |
| 05 | Administrative and General | $9,104,127 | 16 | Medical Records and Medical Library | $407,915 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $85,759 |
| 07 | Operation of Plant | $1,054,973 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $596,635 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $375,559 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $22,956,157 |