HCRIS
Cost Report · CCN 240196 · FY 2019

PHILLIPS EYE INSTITUTE

MINNEAPOLIS, MN 55404 · Fiscal year ending 2019-07-31

28 beds⚠ Distress flaggedSystem: phillips eye
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$20.2M
TOTAL REVENUES
$2.7M
NET INCOME
13.5%
OPERATING MARGIN
1
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$20.2M
Total costs
$19.2M
Net income
$2.7M
Operating margin
13.5%
Total charges
$46.0M
Medicare charges
Medicaid charges
Charity care charges
$371K
Uncompensated care
$374K
Bad debt
$141K
Total assets
$20.1M
Total liabilities
−$34.8M
Fund balance
$55.0M
02 — UTILIZATION

Utilization

Total beds
8
Bed days available
1,696
Total inpatient days
4
Medicare inpatient days
4
Medicaid inpatient days
4
Total outpatient visits
Total discharges
1
Total FTEs
122
Inpatient residents
Outpatient residents
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2019-07-311$20.2M$2.7M13.5%
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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

101 hospitals filing FY2019

Median operating margin
4.4%
25th percentile margin
0.2%
75th percentile margin
8.7%
Median discharges
842
Median net income
$1.7M
Median bed count
25
07 — MARKET (HSAF)

Top patient-origin ZIPs

Catchment based on CMS Hospital Service Area File (PY2018)

ZIPCasesBed days
33928
55345
56251
55129
CROSS-REFERENCE

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