VIRGINIA MASON MEDICAL CENTER — financial and operating metrics

CCN 500005, SEATTLE, WA · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2022 (180 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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MetricFY2020FY2021FY2022
180d
FY2023FY2024FY2025
Total facility beds availableunverified237231229222222199
Total bed days availableunverified86,74284,31541,44981,03081,25272,635
Total facility dischargesunverified11,05911,2715,26910,98412,91211,937
Total facility inpatient daysunverified59,79565,18632,19462,23163,75062,103
Total patient revenue (gross charges)unverified$2,470,232,367$2,936,536,413$1,484,165,788$3,232,623,020$3,567,905,872$3,857,345,953
Contractual allowances and discountsunverified$1,462,984,420$1,770,269,605$953,597,168$2,123,638,030$2,385,736,946$2,570,458,583
Net patient revenueunverified$1,007,247,947$1,166,266,808$530,568,620$1,108,984,990$1,182,168,926$1,286,887,370
Total operating expensesunverified$1,154,509,912$1,279,263,608$675,424,100$1,366,762,275$1,406,544,043$1,421,228,824
Net income from service to patientsunverified$-147,261,965$-112,996,800$-144,855,480$-257,777,285$-224,375,117$-134,341,454
Net incomeunverified$10,332,542$65,980,871$-50,608,454$-41,511,610$-24,613,312$-45,946,689
Cost of uncompensated careunverified$9,388,576$9,197,123$4,313,074$10,017,509$15,293,958$22,499,075
Total facility bad debt expenseunverified$9,883,778$10,517,201$5,022,464$13,226,692$22,263,054$24,292,138
Charity care charges and uninsured discountsunverified$12,173,823$9,749,120$5,446,091$14,249,991$18,491,372$18,946,106
Cost of charity careunverified$5,693,444$5,829,348$2,709,491$5,790,553$6,954,309$14,161,532
Charges for insured patients' liabilityunverified$12,989,704
Operating marginunverified-14.6%-9.7%-27.3%-23.2%-19.0%-10.4%
Overall cost-to-charge ratiounverified46.7%43.6%45.5%42.3%39.4%36.8%
Occupancy rateunverified68.9%77.3%77.7%76.8%78.5%85.5%
Average length of stayunverified5.45.86.15.74.95.2
Uncompensated care as % of operating expenseunverified0.8%0.7%0.6%0.7%1.1%1.6%
Charity care cost-to-charge ratiounverified46.8%59.8%49.8%40.6%37.6%74.7%
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