PROVIDENCE ST PETER HOSPITAL — financial and operating metrics

CCN 500024, OLYMPIA, 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 availableunverified307307307310302380
Total bed days availableunverified112,055112,362112,055113,150110,230139,080
Total facility dischargesunverified18,83916,59116,86516,14216,24420,963
Total facility inpatient daysunverified103,35397,489107,326112,217111,482114,213
Total patient revenue (gross charges)unverified$2,131,918,457$2,101,493,341$2,267,583,223$2,354,789,289$2,565,202,007$2,797,574,113
Contractual allowances and discountsunverified$1,611,664,746$1,603,136,491$1,726,982,597$1,814,252,266$2,002,516,195$2,148,877,514
Net patient revenueunverified$520,253,711$498,356,850$540,600,626$540,537,023$562,685,812$648,696,599
Total operating expensesunverified$542,386,125$557,808,725$597,722,902$617,623,401$683,171,085$737,555,838
Net income from service to patientsunverified$-22,132,414$-59,451,875$-57,122,276$-77,086,378$-120,485,273$-88,859,239
Net incomeunverified$-2,110,398$-20,723,107$9,532,199$-81,485,143$-105,636,327$-79,779,261
Cost of uncompensated careunverified$12,886,538$10,248,305$9,673,985$8,601,497$10,496,445$13,812,511
Total facility bad debt expenseunverified$7,475,803$12,707,150$11,240,372$8,276,414$6,222,753$3,694,394
Charity care charges and uninsured discountsunverified$31,952,933$24,236,009$24,821,634$22,721,007$30,515,150$39,683,931
Cost of charity careunverified$11,030,415$7,266,036$7,065,187$6,530,603$8,933,545$12,791,325
Charges for insured patients' liabilityunverified$2,754,489$744,882
Operating marginunverified-4.3%-11.9%-10.6%-14.3%-21.4%-13.7%
Overall cost-to-charge ratiounverified25.4%26.5%26.4%26.2%26.6%26.4%
Occupancy rateunverified92.2%86.8%95.8%99.2%101.1%82.1%
Average length of stayunverified5.55.96.47.06.95.4
Uncompensated care as % of operating expenseunverified2.4%1.8%1.6%1.4%1.5%1.9%
Charity care cost-to-charge ratiounverified34.5%30.0%28.5%28.7%29.3%32.2%
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