UW MEDICINE/NORTHWEST HOSPITAL — financial and operating metrics

CCN 500001, SEATTLE, WA · Medicare cost reports, FY2018–FY2019

Short reporting period. FY2019 (183 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2018FY2019
183d
Total facility beds availableunverified168165
Total bed days availableunverified61,32030,360
Total facility dischargesunverified10,7334,787
Total facility inpatient daysunverified38,42720,502
Total patient revenue (gross charges)unverified$1,100,992,505$421,093,445
Contractual allowances and discountsunverified$810,591,243$283,679,848
Net patient revenueunverified$290,401,262$137,413,597
Total operating expensesunverified$292,279,984$159,251,187
Net income from service to patientsunverified$-1,878,722$-21,837,590
Net incomeunverified$8,442,224$-16,347,315
Cost of uncompensated careunverified$7,282,148$5,168,094
Total facility bad debt expenseunverified$6,321,789$873,832
Charity care charges and uninsured discountsunverified$12,172,229$9,094,082
Cost of charity careunverified$5,563,966$4,865,255
Operating marginunverified-0.6%-15.9%
Overall cost-to-charge ratiounverified26.5%37.8%
Occupancy rateunverified62.7%67.5%
Average length of stayunverified3.64.3
Uncompensated care as % of operating expenseunverified2.5%3.2%
Charity care cost-to-charge ratiounverified45.7%53.5%
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