PROVIDENCE SEASIDE HOSPITAL — financial and operating metrics

CCN 381303, SEASIDE, 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 availableunverified232323332525
Total bed days availableunverified8,3958,4188,39512,0459,1259,150
Total facility dischargesunverified7656698069991,0701,071
Total facility inpatient daysunverified3,6853,5864,2714,8134,9454,822
Total patient revenue (gross charges)unverified$131,218,680$125,690,989$156,120,127$170,231,403$173,313,221$196,788,705
Contractual allowances and discountsunverified$68,340,987$63,760,959$86,906,921$89,744,381$87,510,329$97,248,192
Net patient revenueunverified$62,877,693$61,930,030$69,213,206$80,487,022$85,802,892$99,540,513
Total operating expensesunverified$74,364,240$76,489,002$83,528,376$94,809,198$92,309,038$102,631,913
Net income from service to patientsunverified$-11,486,547$-14,558,972$-14,315,170$-14,322,176$-6,506,146$-3,091,400
Net incomeunverified$-8,382,665$-5,009,819$-9,407,299$-12,673,892$-5,281,261$-1,975,194
Cost of uncompensated careunverified$1,999,947$2,007,740$1,590,278$1,738,095$1,966,628$3,091,476
Total facility bad debt expenseunverified$994,304$800,921$490,869$895,273$1,084,537$916,521
Charity care charges and uninsured discountsunverified$2,662,614$2,719,596$2,307,978$2,289,543$2,543,066$4,358,402
Cost of charity careunverified$1,651,940$1,727,418$1,418,474$1,424,749$1,556,442$2,770,694
Charges for insured patients' liabilityunverified$61,524$48,420
Operating marginunverified-18.3%-23.5%-20.7%-17.8%-7.6%-3.1%
Overall cost-to-charge ratiounverified56.7%60.9%53.5%55.7%53.3%52.2%
Occupancy rateunverified43.9%42.6%50.9%40.0%54.2%52.7%
Average length of stayunverified4.85.45.34.84.64.5
Uncompensated care as % of operating expenseunverified2.7%2.6%1.9%1.8%2.1%3.0%
Charity care cost-to-charge ratiounverified62.0%63.5%61.5%62.2%61.2%63.6%
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