PROVIDENCE REGIONAL MEDICAL CENTER EVERETT — financial and operating metrics

CCN 500014, EVERETT, 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 availableunverified495495519548551551
Total bed days availableunverified180,675181,170185,091197,830201,115201,666
Total facility dischargesunverified28,93127,36028,36726,31625,60230,714
Total facility inpatient daysunverified151,225152,974172,493180,817173,706173,540
Total patient revenue (gross charges)unverified$2,452,887,044$2,484,104,704$2,873,690,310$3,035,898,032$3,194,219,032$3,528,422,788
Contractual allowances and discountsunverified$1,692,514,873$1,743,691,803$2,048,350,582$2,210,403,465$2,361,101,451$2,572,432,651
Net patient revenueunverified$760,372,171$740,412,901$825,339,728$825,494,567$833,117,581$955,990,137
Total operating expensesunverified$771,796,906$797,059,356$944,302,766$987,359,992$990,068,815$1,078,988,287
Net income from service to patientsunverified$-11,424,735$-56,646,455$-118,963,038$-161,865,425$-156,951,234$-122,998,150
Net incomeunverified$9,880,842$-2,549,598$-78,927,063$-140,056,001$-129,381,202$-99,182,717
Cost of uncompensated careunverified$23,115,069$16,140,234$17,147,828$17,283,728$15,865,810$24,649,193
Total facility bad debt expenseunverified$13,176,001$17,976,502$19,625,266$19,162,904$10,142,168$7,308,956
Charity care charges and uninsured discountsunverified$48,574,115$30,131,012$35,867,162$36,689,204$44,051,437$66,833,980
Cost of charity careunverified$19,457,254$11,124,083$11,725,060$11,991,557$13,142,604$22,628,784
Charges for insured patients' liabilityunverified$1,688,445$4,023,011
Operating marginunverified-1.5%-7.7%-14.4%-19.6%-18.8%-12.9%
Overall cost-to-charge ratiounverified31.5%32.1%32.9%32.5%31.0%30.6%
Occupancy rateunverified83.7%84.4%93.2%91.4%86.4%86.1%
Average length of stayunverified5.25.66.16.96.85.7
Uncompensated care as % of operating expenseunverified3.0%2.0%1.8%1.8%1.6%2.3%
Charity care cost-to-charge ratiounverified40.1%36.9%32.7%32.7%29.8%33.9%
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