▸ Cost Report · CCN 020012 · FY 2024
FAIRBANKS MEMORIAL
FAIRBANKS, AK 99701 · Fiscal year ending 2024-12-31
$291.1M
TOTAL REVENUES
−$54.5M
NET INCOME
-18.7%
OPERATING MARGIN
6,266
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $291.1M
- Total costs
- $352.0M
- Net income
- −$54.5M
- Operating margin
- -18.7%
- Total charges
- $441.4M
- Medicare charges
- $109.2M
- Medicaid charges
- —
- Charity care charges
- $4.2M
- Uncompensated care
- $14.0M
- Bad debt
- $2.1M
- Total assets
- $200.2M
- Total liabilities
- $7.6M
- Fund balance
- $192.5M
02 — UTILIZATION
Utilization
- Total beds
- 122
- Bed days available
- 44,652
- Total inpatient days
- 22,285
- Medicare inpatient days
- 6,958
- Medicaid inpatient days
- 6,089
- Total outpatient visits
- —
- Total discharges
- 6,266
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 6,266 | $291.1M | −$54.5M | -18.7% |
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03b — TREND CHART
Revenue, costs, and net income by fiscal year
Multi-year P&L chart — visualize revenue, costs, and net income side-by-side across every filing.See Solo · $499/yr →
DISTRESS RADAR
Risk signals detected
Auto-flagged from 3-year trend on margin, volume, and bad debt
This hospital tripped 1 distress signal. Upgrade to see which signals fired and the underlying numbers.See Solo · $499/yr →
04 — PEER BENCHMARK
Peer cohort — AK Acute Care Hospitals
8 hospitals filing FY2024
- Median operating margin
- 11.4%
- 25th percentile margin
- -0.2%
- 75th percentile margin
- 24.2%
- Median discharges
- 5,953
- Median net income
- $54.0M
- Median bed count
- 124
05 — QUALITY (CMS CARE COMPARE)
CMS Care Compare quality measures
Sourced from data.cms.gov · refreshed monthly. CMS publishes these — we surface them.
Overall rating
2 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Below the national average
- Safety vs national avg
- Same as the national average
- Readmissions vs national avg
- Above the national average
- Patient experience vs national avg
- —
- Timely & effective vs national avg
- —
07a — MS-DRG MIX
Top inpatient DRGs by volume
Per CMS Medicare Inpatient Hospitals dataset (PY2021)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 885 | PSYCHOSES | 128 | $24K |
| 885 | PSYCHOSES | 102 | $27K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 96 | $33K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 79 | $33K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 61 | $22K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 48 | $21K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 39 | $24K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 37 | $31K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 37 | $30K |
| 872 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC | 37 | $18K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2022)
| ZIP | Cases | Bed days |
|---|---|---|
| 99701 | 386 | 2062 |
| 99701 | 330 | 2121 |
| 99701 | 320 | 1691 |
| 99701 | 289 | 1574 |
| 99701 | 271 | 1619 |
| 99709 | 253 | 1208 |
| 99701 | 251 | 1376 |
| 99709 | 225 | 1237 |
| 99709 | 216 | 1095 |
| 99709 | 195 | 972 |
CROSS-REFERENCE
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