ISLAND HOSPITAL — financial and operating metrics

CCN 500007, ANACORTES, WA · 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 availableunverified434343434343
Total bed days availableunverified15,69515,69515,69515,69515,69515,738
Total facility dischargesunverified2,4412,0222,0122,2662,2201,541
Total facility inpatient daysunverified6,9335,4595,8296,9336,1555,852
Total patient revenue (gross charges)unverified$240,956,748$226,104,416$262,503,174$277,421,313$284,221,907$286,562,288
Contractual allowances and discountsunverified$143,977,898$133,742,796$157,915,664$171,273,187$174,500,847$175,006,941
Net patient revenue$96,978,850$92,361,620$104,587,510$106,148,126$109,721,060$111,555,347
Total operating expensesunverified$100,305,795$98,107,228$109,348,469$122,055,814$120,680,899$121,454,503
Net income from service to patientsunverified$-3,326,945$-5,745,608$-4,760,959$-15,907,688$-10,959,839$-9,899,156
Net incomeunverified$5,288,410$10,540,371$3,708,417$-4,410,829$3,616,229$2,446,653
Cost of uncompensated careunverified$1,278,342$1,292,046$1,101,454$1,056,171$1,048,042$5,848,717
Total facility bad debt expenseunverified$2,260,612$1,758,644$2,126,014$1,839,816$2,146,280$1,406,184
Charity care charges and uninsured discountsunverified$722,098$942,755$552,945$656,706$742,972$5,828,743
Cost of charity careunverified$427,688$598,407$306,911$333,327$227,588$5,317,659
Charges for insured patients' liabilityunverified$306,370
Operating marginunverified-3.4%-6.2%-4.6%-15.0%-10.0%-8.9%
Overall cost-to-charge ratiounverified41.6%43.4%41.7%44.0%42.5%42.4%
Occupancy rateunverified44.2%34.8%37.1%44.2%39.2%37.2%
Average length of stayunverified2.82.72.93.12.83.8
Uncompensated care as % of operating expenseunverified1.3%1.3%1.0%0.9%0.9%4.8%
Charity care cost-to-charge ratiounverified59.2%63.5%55.5%50.8%30.6%91.2%
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