PROVIDENCE MILWAUKIE HOSPITAL — financial and operating metrics

CCN 380082, MILWAUKIE, 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 availableunverified404040404747
Total bed days availableunverified14,60014,64014,60014,60016,99417,202
Total facility dischargesunverified2,5402,2252,4352,5852,6763,435
Total facility inpatient daysunverified8,8468,46110,73412,62812,54914,718
Total patient revenue (gross charges)unverified$281,884,958$251,995,883$288,092,855$307,817,497$346,264,208$381,016,047
Contractual allowances and discountsunverified$160,543,113$147,538,227$169,426,057$179,025,836$204,034,967$220,402,873
Net patient revenueunverified$121,341,845$104,457,656$118,666,798$128,791,661$142,229,241$160,613,174
Total operating expensesunverified$124,631,589$114,849,916$123,452,551$141,117,734$150,938,302$172,402,885
Net income from service to patientsunverified$-3,289,744$-10,392,260$-4,785,753$-12,326,073$-8,709,061$-11,789,711
Net incomeunverified$-2,089,965$-1,059,683$-844,895$-12,327,163$-6,856,249$-9,579,540
Cost of uncompensated careunverified$4,276,324$4,201,618$3,576,461$3,307,967$3,154,985$6,352,543
Total facility bad debt expenseunverified$614,372$424,110$183,911$788,541$746,929$865,370
Charity care charges and uninsured discountsunverified$8,227,541$7,575,559$6,731,379$5,634,707$5,459,669$10,210,388
Cost of charity careunverified$4,061,998$4,052,892$3,512,092$3,028,013$2,889,056$6,052,377
Charges for insured patients' liabilityunverified$85,037$235,030
Operating marginunverified-2.7%-9.9%-4.0%-9.6%-6.1%-7.3%
Overall cost-to-charge ratiounverified44.2%45.6%42.9%45.8%43.6%45.2%
Occupancy rateunverified60.6%57.8%73.5%86.5%73.8%85.6%
Average length of stayunverified3.53.84.44.94.74.3
Uncompensated care as % of operating expenseunverified3.4%3.7%2.9%2.3%2.1%3.7%
Charity care cost-to-charge ratiounverified49.4%53.5%52.2%53.7%52.9%59.3%
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