▸ Cost Report · CCN 240056 · FY 2024
RIDGEVIEW MEDICAL CENTER
WACONIA, MN 55387 · Fiscal year ending 2024-12-31
$373.1M
TOTAL REVENUES
$3.1M
NET INCOME
0.8%
OPERATING MARGIN
4,944
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $373.1M
- Total costs
- $414.2M
- Net income
- $3.1M
- Operating margin
- 0.8%
- Total charges
- $586.6M
- Medicare charges
- $65.8M
- Medicaid charges
- —
- Charity care charges
- $2.6M
- Uncompensated care
- $13.5M
- Bad debt
- $44.2M
- Total assets
- $404.4M
- Total liabilities
- $239.2M
- Fund balance
- $165.2M
02 — UTILIZATION
Utilization
- Total beds
- 128
- Bed days available
- 46,848
- Total inpatient days
- 24,974
- Medicare inpatient days
- 7,975
- Medicaid inpatient days
- 1,563
- Total outpatient visits
- —
- Total discharges
- 4,944
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 4,944 | $373.1M | $3.1M | 0.8% |
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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
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 — MN Acute Care Hospitals
46 hospitals filing FY2024
- Median operating margin
- 3.6%
- 25th percentile margin
- -0.5%
- 75th percentile margin
- 9.2%
- Median discharges
- 3,706
- Median net income
- $6.7M
- Median bed count
- 88
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
4 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Above 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 |
|---|---|---|---|
| 470 | MAJOR HIP AND KNEE JOINT REPLACEMENT OR REATTACHMENT OF LOWE… | 284 | $14K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 88 | $15K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 79 | $14K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 79 | $10K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 77 | $9K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 74 | $9K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 49 | $13K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 48 | $9K |
| 470 | MAJOR HIP AND KNEE JOINT REPLACEMENT OR REATTACHMENT OF LOWE… | 42 | $14K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 38 | $10K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2023)
| ZIP | Cases | Bed days |
|---|---|---|
| 55387 | 363 | 1377 |
| 55318 | 342 | 1216 |
| 55387 | 339 | 1101 |
| 55387 | 321 | 1270 |
| 55318 | 313 | 1218 |
| 55318 | 292 | 1090 |
| 55387 | 244 | 868 |
| 55364 | 226 | 733 |
| 55387 | 209 | 917 |
| 55318 | 190 | 722 |
06 — COMMUNITY BENEFIT (IRS 990 SCHEDULE H)
Schedule H community benefit · RIDGEVIEW CLINICS
FY2024 · matched by name + state · sourced via ProPublica Nonprofit Explorer
- Total revenue (990)
- —
- Total expenses (990)
- —
- Charity care cost
- —
- Unreimbursed Medicaid
- —
- Community health improvement spend
- —
CROSS-REFERENCE
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Price transparency data
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