PROVIDENCE ALASKA MEDICAL CENTER — financial and operating metrics

CCN 020001, ANCHORAGE, AK · Medicare cost reports, FY2019–FY2024

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified391401401401391401
Total bed days availableunverified142,525145,866146,365146,365142,715146,766
Total facility dischargesunverified15,29914,19014,61714,68415,05015,721
Total facility inpatient daysunverified106,56899,718111,459112,584112,510112,606
Total patient revenue (gross charges)unverified$2,559,148,274$2,453,506,847$2,746,525,084$2,874,380,923$3,118,116,633$3,259,904,216
Contractual allowances and discountsunverified$1,854,814,865$1,794,463,870$2,026,536,542$2,133,195,965$2,313,485,377$2,431,604,931
Net patient revenueunverified$704,333,409$659,042,977$719,988,542$741,184,958$804,631,256$828,299,285
Total operating expensesunverified$586,500,315$583,923,537$649,020,774$690,848,155$706,753,255$786,998,943
Net income from service to patientsunverified$117,833,094$75,119,440$70,967,768$50,336,803$97,878,001$41,300,342
Net incomeunverified$247,757,695$218,783,493$226,557,769$-47,848,039$200,029,665$133,274,926
Cost of uncompensated careunverified$19,711,744$17,010,192$15,481,650$19,495,423$18,943,156$23,247,815
Total facility bad debt expenseunverified$14,432,604$27,200,986$12,380,998$24,647,602$20,892,636$11,405,760
Charity care charges and uninsured discountsunverified$64,667,326$48,003,657$57,184,695$57,509,195$66,564,636$90,568,405
Cost of charity careunverified$16,428,993$11,015,525$12,635,811$14,070,288$14,313,005$20,621,218
Charges for insured patients' liabilityunverified$1,165,220$2,278,242
Operating marginunverified16.7%11.4%9.9%6.8%12.2%5.0%
Overall cost-to-charge ratiounverified22.9%23.8%23.6%24.0%22.7%24.1%
Occupancy rateunverified74.8%68.4%76.2%76.9%78.8%76.7%
Average length of stayunverified7.07.07.67.77.57.2
Uncompensated care as % of operating expenseunverified3.4%2.9%2.4%2.8%2.7%3.0%
Charity care cost-to-charge ratiounverified25.4%22.9%22.1%24.5%21.5%22.8%
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