PROVIDENCE PORTLAND MEDICAL CENTER — financial and operating metrics

CCN 380061, PORTLAND, 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 availableunverified368359367369391390
Total bed days availableunverified127,138130,357133,955134,685142,289142,740
Total facility dischargesunverified17,87916,56916,08416,09517,99420,829
Total facility inpatient daysunverified102,44298,311107,748111,073107,481115,836
Total patient revenue (gross charges)unverified$1,815,462,293$1,826,753,486$2,027,169,358$2,164,359,180$2,258,731,237$2,444,455,925
Contractual allowances and discountsunverified$1,001,311,187$1,021,439,074$1,131,280,568$1,236,559,238$1,262,962,257$1,442,638,183
Net patient revenueunverified$814,151,106$805,314,412$895,888,790$927,799,942$995,768,980$1,001,817,742
Total operating expensesunverified$878,633,855$913,399,539$1,030,905,149$1,122,211,998$1,189,831,694$1,230,855,872
Net income from service to patientsunverified$-64,482,749$-108,085,127$-135,016,359$-194,412,056$-194,062,714$-229,038,130
Net incomeunverified$49,360,572$67,893,020$32,836,787$-62,916,611$71,342,463$-69,994,718
Cost of uncompensated careunverified$19,884,149$18,556,847$17,757,901$17,504,018$15,177,409$24,192,380
Total facility bad debt expenseunverified$6,012,239$2,905,714$1,879,618$5,385,268$4,790,614$3,699,388
Charity care charges and uninsured discountsunverified$35,090,623$33,681,628$32,973,594$30,360,837$25,012,608$39,414,667
Cost of charity careunverified$17,731,821$17,519,485$17,100,034$15,539,250$13,398,317$22,860,237
Charges for insured patients' liabilityunverified$1,451,643$956,202
Operating marginunverified-7.9%-13.4%-15.1%-21.0%-19.5%-22.9%
Overall cost-to-charge ratiounverified48.4%50.0%50.9%51.8%52.7%50.4%
Occupancy rateunverified80.6%75.4%80.4%82.5%75.5%81.2%
Average length of stayunverified5.75.96.76.96.05.6
Uncompensated care as % of operating expenseunverified2.3%2.0%1.7%1.6%1.3%2.0%
Charity care cost-to-charge ratiounverified50.5%52.0%51.9%51.2%53.6%58.0%
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