SWEDISH HOSPITAL — financial and operating metrics

CCN 140114, CHICAGO, IL · Medicare cost reports, FY2020–FY2025

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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified216193173172172151
Total bed days availableunverified79,05666,78379,06162,78062,95255,832
Total facility dischargesunverified10,2119,67311,2068,4509,17312,267
Total facility inpatient daysunverified46,94648,13255,70442,09240,98746,870
Total patient revenue (gross charges)unverified$1,170,656,713$1,250,090,960$1,637,179,932$1,510,737,764$2,590,000,452$3,601,846,778
Contractual allowances and discountsunverified$913,325,862$951,283,379$1,273,657,597$1,181,253,536$1,988,194,657$2,700,546,088
Net patient revenueunverified$257,330,851$298,807,581$363,522,335$329,484,228$601,805,795$901,300,690
Total operating expensesunverified$296,995,808$309,738,265$377,224,300$336,829,389$542,146,427$711,755,062
Net income from service to patientsunverified$-39,664,957$-10,930,684$-13,701,965$-7,345,161$59,659,368$189,545,628
Net incomeunverified$-4,998,707$-1,420,077$-1,295,321$15,642,910$66,156,134$217,290,227
Cost of uncompensated careunverified$12,122,922$14,295,953$15,922,389$12,016,401$18,522,924$26,980,450
Total facility bad debt expenseunverified$8,491,176$13,375,685$17,730,354$13,202,055$21,152,948$28,079,902
Charity care charges and uninsured discountsunverified$47,690,379$56,179,551$57,797,417$49,361,999$76,503,573$111,136,315
Cost of charity careunverified$10,105,873$11,370,674$12,038,568$9,344,515$14,369,207$21,666,964
Charges for insured patients' liabilityunverified$523,922$535$16,591,769
Operating marginunverified-15.4%-3.7%-3.8%-2.2%9.9%21.0%
Overall cost-to-charge ratiounverified25.4%24.8%23.0%22.3%20.9%19.8%
Occupancy rateunverified59.4%72.1%70.5%67.0%65.1%83.9%
Average length of stayunverified4.65.05.05.04.53.8
Uncompensated care as % of operating expenseunverified4.1%4.6%4.2%3.6%3.4%3.8%
Charity care cost-to-charge ratiounverified21.2%20.2%20.8%18.9%18.8%19.5%
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