▸ Cost Report · CCN 150002 · FY 2024
METHODIST HOSPITALS INC
GARY, IN 46402 · Fiscal year ending 2024-12-31
$417.1M
TOTAL REVENUES
−$38.4M
NET INCOME
-9.2%
OPERATING MARGIN
11,936
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $417.1M
- Total costs
- $484.2M
- Net income
- −$38.4M
- Operating margin
- -9.2%
- Total charges
- $1.71B
- Medicare charges
- $172.4M
- Medicaid charges
- —
- Charity care charges
- $24.7M
- Uncompensated care
- $12.4M
- Bad debt
- $16.7M
- Total assets
- $344.5M
- Total liabilities
- $120.9M
- Fund balance
- $223.7M
02 — UTILIZATION
Utilization
- Total beds
- 405
- Bed days available
- 148,230
- Total inpatient days
- 73,498
- Medicare inpatient days
- 14,048
- Medicaid inpatient days
- 3,319
- Total outpatient visits
- —
- Total discharges
- 11,936
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 11,936 | $417.1M | −$38.4M | -9.2% |
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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 2 distress signals. Upgrade to see which signals fired and the underlying numbers.See Solo · $499/yr →
04 — PEER BENCHMARK
Peer cohort — IN Acute Care Hospitals
81 hospitals filing FY2024
- Median operating margin
- 9.0%
- 25th percentile margin
- -0.9%
- 75th percentile margin
- 18.2%
- Median discharges
- 4,439
- Median net income
- $20.2M
- Median bed count
- 111
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
1 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Same as the national average
- Safety vs national avg
- Above the national average
- Readmissions vs national avg
- Below 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 |
|---|---|---|---|
| 291 | HEART FAILURE AND SHOCK WITH MCC | 193 | $10K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 172 | $10K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 155 | $15K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 149 | $15K |
| 690 | KIDNEY AND URINARY TRACT INFECTIONS WITHOUT MCC | 71 | $7K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 69 | $11K |
| 690 | KIDNEY AND URINARY TRACT INFECTIONS WITHOUT MCC | 63 | $7K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 61 | $15K |
| 812 | RED BLOOD CELL DISORDERS WITHOUT MCC | 53 | $7K |
| 683 | RENAL FAILURE WITH CC | 53 | $7K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2018)
| ZIP | Cases | Bed days |
|---|---|---|
| 46410 | 1,442 | 9789 |
| 46410 | 1,366 | 9821 |
| 46410 | 1,147 | 7924 |
| 46410 | 1,138 | 9230 |
| 46410 | 1,136 | 8515 |
| 46404 | 1,055 | 7654 |
| 46410 | 1,034 | 8227 |
| 46404 | 1,022 | 7593 |
| 46404 | 851 | 7022 |
| 46407 | 809 | 5843 |
CROSS-REFERENCE
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