PROVIDENCE SEWARD HOSPITAL — financial and operating metrics

CCN 021302, SEWARD, 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 availableunverified666666
Total bed days availableunverified2,1902,1962,1902,1902,1902,196
Total facility dischargesunverified736167685963
Total facility inpatient daysunverified336380254385243324
Total patient revenue (gross charges)unverified$33,356,865$30,223,527$39,779,980$44,666,234$45,808,439$49,228,581
Contractual allowances and discountsunverified$8,909,747$6,046,650$11,398,603$15,141,197$16,134,777$20,586,610
Net patient revenueunverified$24,447,118$24,176,877$28,381,377$29,525,037$29,673,662$28,641,971
Total operating expensesunverified$19,702,483$20,522,957$22,615,021$24,351,148$25,188,150$26,517,061
Net income from service to patientsunverified$4,744,635$3,653,920$5,766,356$5,173,889$4,485,512$2,124,910
Net incomeunverified$4,886,536$4,454,393$7,472,427$5,677,264$4,402,007$2,326,777
Cost of uncompensated careunverified$976,261$730,723$661,074$1,292,565$1,049,410$792,032
Total facility bad debt expenseunverified$497,452$419,933$440,122$682,278$791,920$773,522
Charity care charges and uninsured discountsunverified$801,355$470,525$530,614$1,333,905$799,583$451,265
Cost of charity careunverified$631,571$398,955$375,855$870,914$545,043$313,784
Charges for insured patients' liabilityunverified$18,473$8,735
Operating marginunverified19.4%15.1%20.3%17.5%15.1%7.4%
Overall cost-to-charge ratiounverified59.1%67.9%56.9%54.5%55.0%53.9%
Occupancy rateunverified15.3%17.3%11.6%17.6%11.1%14.8%
Average length of stayunverified4.66.23.85.74.15.1
Uncompensated care as % of operating expenseunverified5.0%3.6%2.9%5.3%4.2%3.0%
Charity care cost-to-charge ratiounverified78.8%84.8%70.8%65.3%68.2%69.5%
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