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▸ Cost Report · CCN 240064 · FY 2024
GRAND ITASCA CLINIC AND HOSPITAL
GRAND RAPIDS, MN 55744-3698 · Fiscal year ending 2024-12-31
Acute Care Hospitals234 beds⚠ Distress flagged
$134.0M
TOTAL REVENUES
$4.7M
NET INCOME
3.5%
OPERATING MARGIN
1,820
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $134.0M
- Total costs
- $132.6M
- Net income
- $4.7M
- Operating margin
- 3.5%
- Total charges
- $229.7M
- Medicare charges
- $26.7M
- Medicaid charges
- —
- Charity care charges
- $3.8M
- Uncompensated care
- $9.7M
- Bad debt
- $3.3M
- Total assets
- $103.4M
- Total liabilities
- $66.4M
- Fund balance
- $37.0M
02 — UTILIZATION
Utilization
- Total beds
- 34
- Bed days available
- 12,444
- Total inpatient days
- 5,806
- Medicare inpatient days
- 2,191
- Medicaid inpatient days
- 411
- Total outpatient visits
- —
- Total discharges
- 1,820
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 1,820 | $134.0M | $4.7M | 3.5% |
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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 — 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