CCN 500021, LAKEWOOD, WA · 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 106 | 106 | 106 | 106 | 106 | 106 |
| Total bed days availableunverified | 38,796 | 38,690 | 38,690 | 38,690 | 38,796 | 38,690 |
| Total facility dischargesunverified | 4,574 | 4,661 | 4,755 | 5,031 | 5,880 | 6,291 |
| Total facility inpatient daysunverified | 27,659 | 29,995 | 35,177 | 34,478 | 31,549 | 30,201 |
| Total patient revenue (gross charges)unverified | $862,020,459 | $946,844,238 | $986,780,237 | $1,040,421,062 | $1,107,031,415 | $1,186,274,176 |
| Contractual allowances and discountsunverified | $728,519,549 | $800,827,286 | $837,773,601 | $893,594,982 | $929,463,667 | $993,378,226 |
| Net patient revenueunverified | $133,500,910 | $146,016,952 | $149,006,636 | $146,826,080 | $177,567,748 | $192,895,950 |
| Total operating expensesunverified | $149,762,027 | $162,474,049 | $175,712,933 | $183,240,909 | $186,653,627 | $191,891,686 |
| Net income from service to patientsunverified | $-16,261,117 | $-16,457,097 | $-26,706,297 | $-36,414,829 | $-9,085,879 | $1,004,264 |
| Net incomeunverified | $-2,545,513 | $-9,479,970 | $-22,362,896 | $-27,951,166 | $-2,854,903 | $11,629,197 |
| Cost of uncompensated careunverified | $5,306,209 | $3,763,561 | $5,260,592 | $5,735,162 | $7,207,569 | $9,502,872 |
| Total facility bad debt expenseunverified | $8,180,380 | $5,665,439 | $7,816,397 | $6,446,655 | $8,658,606 | $6,380,467 |
| Charity care charges and uninsured discountsunverified | $17,295,531 | $11,135,899 | $17,895,697 | $22,218,812 | $31,066,472 | $50,121,372 |
| Cost of charity careunverified | $3,750,487 | $2,603,697 | $3,776,980 | $4,493,904 | $5,688,374 | $8,431,843 |
| Charges for insured patients' liabilityunverified | — | — | — | — | $322,578 | $303,021 |
| Operating marginunverified | -12.2% | -11.3% | -17.9% | -24.8% | -5.1% | 0.5% |
| Overall cost-to-charge ratiounverified | 17.4% | 17.2% | 17.8% | 17.6% | 16.9% | 16.2% |
| Occupancy rateunverified | 71.3% | 77.5% | 90.9% | 89.1% | 81.3% | 78.1% |
| Average length of stayunverified | 6.0 | 6.4 | 7.4 | 6.9 | 5.4 | 4.8 |
| Uncompensated care as % of operating expenseunverified | 3.5% | 2.3% | 3.0% | 3.1% | 3.9% | 5.0% |
| Charity care cost-to-charge ratiounverified | 21.7% | 23.4% | 21.1% | 20.2% | 18.3% | 16.8% |