PROVIDENCE NEWBERG MEDICAL CENTER — financial and operating metrics

CCN 380037, NEWBERG, OR · 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 availableunverified404060404040
Total bed days availableunverified14,60014,64021,90014,60014,60014,640
Total facility dischargesunverified2,3762,1832,4412,7603,0763,616
Total facility inpatient daysunverified8,5407,9389,93511,29211,64012,343
Total patient revenue (gross charges)unverified$276,483,644$263,922,209$299,896,361$316,062,077$349,069,708$378,786,121
Contractual allowances and discountsunverified$145,132,018$140,352,611$156,900,938$164,543,327$183,187,525$196,561,951
Net patient revenueunverified$131,351,626$123,569,598$142,995,423$151,518,750$165,882,183$182,224,170
Total operating expensesunverified$112,237,837$110,049,582$122,170,256$136,401,861$142,693,393$150,755,254
Net income from service to patientsunverified$19,113,789$13,520,016$20,825,167$15,116,889$23,188,790$31,468,916
Net incomeunverified$20,318,095$17,173,887$22,446,300$23,012,312$24,550,445$32,658,349
Cost of uncompensated careunverified$4,837,386$4,630,124$4,023,458$4,239,928$4,021,762$7,174,910
Total facility bad debt expenseunverified$805,003$349,723$118,226$821,567$845,852$710,144
Charity care charges and uninsured discountsunverified$8,834,324$8,303,580$7,717,313$7,282,720$7,060,917$11,729,097
Cost of charity careunverified$4,555,538$4,502,726$3,982,079$3,946,045$3,724,731$6,932,220
Charges for insured patients' liabilityunverified$112,114$315,367
Operating marginunverified14.6%10.9%14.6%10.0%14.0%17.3%
Overall cost-to-charge ratiounverified40.6%41.7%40.7%43.2%40.9%39.8%
Occupancy rateunverified58.5%54.2%45.4%77.3%79.7%84.3%
Average length of stayunverified3.63.64.14.13.83.4
Uncompensated care as % of operating expenseunverified4.3%4.2%3.3%3.1%2.8%4.8%
Charity care cost-to-charge ratiounverified51.6%54.2%51.6%54.2%52.8%59.1%
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