PEACE HARBOR MEDICAL CENTER — financial and operating metrics

CCN 381316, FLORENCE, OR · Medicare cost reports, FY2020–FY2025

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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified212121212121
Total bed days availableunverified7,6867,6657,6657,6657,6867,665
Total facility dischargesunverified9728488278161,011978
Total facility inpatient daysunverified3,3112,7153,1183,0233,5463,338
Total patient revenue (gross charges)unverified$133,865,547$141,299,515$156,854,712$164,633,770$184,930,161$202,623,746
Contractual allowances and discountsunverified$49,656,548$49,162,524$59,292,317$68,039,265$75,593,605$92,569,283
Net patient revenueunverified$84,208,999$92,136,991$97,562,395$96,594,505$109,336,556$110,054,463
Total operating expensesunverified$81,777,607$86,444,801$96,606,054$101,929,585$107,569,106$113,315,661
Net income from service to patientsunverified$2,431,392$5,692,190$956,341$-5,335,080$1,767,450$-3,261,198
Net incomeunverified$10,190,339$10,503,750$3,513,892$-2,473,297$6,561,900$127,494
Cost of uncompensated careunverified$2,443,702$2,031,419$2,060,618$2,087,203$2,466,262$4,272,859
Total facility bad debt expenseunverified$816,877$821,556$919,912$741,060$673,700$1,035,593
Charity care charges and uninsured discountsunverified$2,527,961$2,090,132$2,149,891$2,352,069$3,215,209$5,257,167
Cost of charity careunverified$2,108,378$1,648,191$1,627,676$1,821,968$2,204,449$3,761,779
Charges for insured patients' liabilityunverified$42,156
Operating marginunverified2.9%6.2%1.0%-5.5%1.6%-3.0%
Overall cost-to-charge ratiounverified61.1%61.2%61.6%61.9%58.2%55.9%
Occupancy rateunverified43.1%35.4%40.7%39.4%46.1%43.5%
Average length of stayunverified3.43.23.83.73.53.4
Uncompensated care as % of operating expenseunverified3.0%2.3%2.1%2.0%2.3%3.8%
Charity care cost-to-charge ratiounverified83.4%78.9%75.7%77.5%68.6%71.6%
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