▸ Cost Report · CCN 363302 · FY 2024
RAINBOW BABIES & CHILDRENS HOSPITAL
CLEVELAND, OH 44106-5022 · Fiscal year ending 2024-12-31
$2.46B
TOTAL REVENUES
$203.9M
NET INCOME
8.3%
OPERATING MARGIN
7,915
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $2.46B
- Total costs
- $2.67B
- Net income
- $203.9M
- Operating margin
- 8.3%
- Total charges
- $6.13B
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- —
- Uncompensated care
- —
- Bad debt
- $293.2M
- Total assets
- $1.35B
- Total liabilities
- $289.2M
- Fund balance
- $1.06B
02 — UTILIZATION
Utilization
- Total beds
- 266
- Bed days available
- 97,356
- Total inpatient days
- 46,125
- Medicare inpatient days
- 143
- Medicaid inpatient days
- 3,087
- Total outpatient visits
- —
- Total discharges
- 7,915
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 7,915 | $2.46B | $203.9M | 8.3% |
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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 — OH Childrens
7 hospitals filing FY2024
- Median operating margin
- 17.7%
- 25th percentile margin
- 11.1%
- 75th percentile margin
- 25.0%
- Median discharges
- 9,057
- Median net income
- $203.2M
- Median bed count
- 326
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
Not rated
- Emergency services
- No
- Mortality vs national avg
- —
- Safety vs national avg
- —
- Readmissions vs national avg
- —
- Patient experience vs national avg
- —
- Timely & effective vs national avg
- —
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2018)
| ZIP | Cases | Bed days |
|---|---|---|
| 16424 | — | — |
| 43410 | — | — |
| 44024 | — | — |
| 44026 | — | — |
| 44035 | — | — |
| 44039 | — | — |
| 44053 | — | — |
| 44070 | — | — |
| 44090 | — | — |
| 16314 | — | — |
06 — COMMUNITY BENEFIT (IRS 990 SCHEDULE H)
Schedule H community benefit · RAINBOW BABIES & CHILDREN'S FOUNDATION
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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