▸ Cost Report · CCN 240141 · FY 2024
FAIRVIEW NORTHLAND REG
PRINCETON, MN 55371 · Fiscal year ending 2024-12-31
$95.2M
TOTAL REVENUES
$6.7M
NET INCOME
7.0%
OPERATING MARGIN
1,671
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $95.2M
- Total costs
- $92.2M
- Net income
- $6.7M
- Operating margin
- 7.0%
- Total charges
- $238.0M
- Medicare charges
- $16.8M
- Medicaid charges
- —
- Charity care charges
- $4.4M
- Uncompensated care
- $5.8M
- Bad debt
- $3.6M
- Total assets
- $60.8M
- Total liabilities
- $37.9M
- Fund balance
- $22.9M
02 — UTILIZATION
Utilization
- Total beds
- 34
- Bed days available
- 12,444
- Total inpatient days
- 6,020
- Medicare inpatient days
- 1,434
- Medicaid inpatient days
- 392
- Total outpatient visits
- —
- Total discharges
- 1,671
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 1,671 | $95.2M | $6.7M | 7.0% |
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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
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
- Same as the national average
- Safety vs national avg
- Same as 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 (PY2021)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 48 | $20K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 43 | $12K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 39 | $11K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 29 | $16K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 19 | $14K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 18 | $19K |
| 872 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC | 17 | $10K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 16 | $14K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 12 | $12K |
| 872 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC | 12 | $10K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2022)
| ZIP | Cases | Bed days |
|---|---|---|
| 55371 | 276 | 1124 |
| 55371 | 243 | 841 |
| 55371 | 224 | 973 |
| 55371 | 224 | 719 |
| 55371 | 215 | 879 |
| 55371 | 199 | 770 |
| 55398 | 143 | 542 |
| 56353 | 137 | 444 |
| 56353 | 126 | 458 |
| 55398 | 126 | 474 |
CROSS-REFERENCE
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