▸ Cost Report · CCN 160082 · FY 2024
IOWA METHODIST MEDICAL CENTER
DES MOINES, IA 50309 · Fiscal year ending 2024-12-31
$1.15B
TOTAL REVENUES
$319.3M
NET INCOME
27.8%
OPERATING MARGIN
36,576
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $1.15B
- Total costs
- $901.8M
- Net income
- $319.3M
- Operating margin
- 27.8%
- Total charges
- $3.25B
- Medicare charges
- $542.9M
- Medicaid charges
- —
- Charity care charges
- $25.8M
- Uncompensated care
- $46.3M
- Bad debt
- $68.8M
- Total assets
- $1.71B
- Total liabilities
- $304.4M
- Fund balance
- $1.41B
02 — UTILIZATION
Utilization
- Total beds
- 597
- Bed days available
- 216,716
- Total inpatient days
- 186,080
- Medicare inpatient days
- 45,382
- Medicaid inpatient days
- 51,270
- Total outpatient visits
- —
- Total discharges
- 36,576
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 36,576 | $1.15B | $319.3M | 27.8% |
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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
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04 — PEER BENCHMARK
Peer cohort — IA Acute Care Hospitals
31 hospitals filing FY2024
- Median operating margin
- 7.4%
- 25th percentile margin
- -4.1%
- 75th percentile margin
- 15.2%
- Median discharges
- 5,263
- Median net income
- $8.2M
- Median bed count
- 137
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
3 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Below the national average
- Safety vs national avg
- Above the national average
- Readmissions vs national avg
- Same as 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 (PY2022)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 914 | $14K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 803 | $14K |
| 470 | MAJOR HIP AND KNEE JOINT REPLACEMENT OR REATTACHMENT OF LOWE… | 465 | $13K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 285 | $9K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 260 | $10K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 192 | $9K |
| 872 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC | 176 | $8K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 175 | $10K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 146 | $13K |
| 872 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC | 143 | $8K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2021)
| ZIP | Cases | Bed days |
|---|---|---|
| 50317 | 855 | 5982 |
| 50317 | 852 | 5455 |
| 50317 | 816 | 5416 |
| 50317 | 761 | 4694 |
| 50317 | 723 | 4391 |
| 50315 | 719 | 4795 |
| 50315 | 714 | 4288 |
| 50315 | 714 | 5021 |
| 50315 | 701 | 4301 |
| 50315 | 685 | 4470 |
CROSS-REFERENCE
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