PROVIDENCE HOSPITAL — financial and operating metrics

CCN 090006, WASHINGTON, DC · Medicare cost reports, FY2018–FY2019

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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MetricFY2018FY2019
Total facility beds availableunverified166113
Total bed days availableunverified60,59034,352
Total facility dischargesunverified6,8781,747
Total facility inpatient daysunverified32,22311,291
Total patient revenue (gross charges)unverified$480,212,190$211,135,078
Contractual allowances and discountsunverified$288,518,660$126,822,811
Net patient revenueunverified$191,693,530$84,312,267
Total operating expensesunverified$216,776,591$138,120,637
Net income from service to patientsunverified$-25,083,061$-53,808,370
Net incomeunverified$-20,353,790$-48,605,848
Cost of uncompensated careunverified$5,453,528$153,160
Total facility bad debt expenseunverified$5,805,124$434,297
Charity care charges and uninsured discountsunverified$5,877,968
Cost of charity careunverified$3,033,034
Operating marginunverified-13.1%-63.8%
Overall cost-to-charge ratiounverified45.1%65.4%
Occupancy rateunverified53.2%32.9%
Average length of stayunverified4.76.5
Uncompensated care as % of operating expenseunverified2.5%0.1%
Charity care cost-to-charge ratiounverified51.6%
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