PROVIDENCE MEDFORD MEDICAL CENTER — financial and operating metrics

CCN 380075, MEDFORD, 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 availableunverified126125969610099
Total bed days availableunverified45,99045,75035,04035,04036,50036,234
Total facility dischargesunverified5,9445,0444,8935,0165,5466,395
Total facility inpatient daysunverified27,36022,81726,63428,43927,85730,128
Total patient revenue (gross charges)unverified$680,700,761$619,137,360$680,884,294$747,588,020$808,117,627$874,291,710
Contractual allowances and discountsunverified$458,824,070$422,994,210$463,310,537$507,830,231$547,051,686$590,813,375
Net patient revenueunverified$221,876,691$196,143,150$217,573,757$239,757,789$261,065,941$283,478,335
Total operating expensesunverified$228,178,664$221,907,538$245,307,737$281,315,808$287,512,999$320,807,158
Net income from service to patientsunverified$-6,301,973$-25,764,388$-27,733,980$-41,558,019$-26,447,058$-37,328,823
Net incomeunverified$-673,859$-5,816,332$-17,504,032$-35,478,250$-20,399,777$-31,892,803
Cost of uncompensated careunverified$6,395,665$5,312,626$5,156,021$4,720,931$4,403,357$7,694,763
Total facility bad debt expenseunverified$2,786,929$1,591,668$640,996$2,251,086$1,681,865$1,056,423
Charity care charges and uninsured discountsunverified$12,584,461$10,213,277$10,595,739$8,107,532$8,198,160$14,153,779
Cost of charity careunverified$5,510,035$4,778,077$4,931,672$4,003,876$3,849,638$7,346,782
Charges for insured patients' liabilityunverified$215,899$192,637
Operating marginunverified-2.8%-13.1%-12.7%-17.3%-10.1%-13.2%
Overall cost-to-charge ratiounverified33.5%35.8%36.0%37.6%35.6%36.7%
Occupancy rateunverified59.5%49.9%76.0%81.2%76.3%83.1%
Average length of stayunverified4.64.55.45.75.04.7
Uncompensated care as % of operating expenseunverified2.8%2.4%2.1%1.7%1.5%2.4%
Charity care cost-to-charge ratiounverified43.8%46.8%46.5%49.4%47.0%51.9%
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