ST MICHAEL MEDICAL CENTER — financial and operating metrics

CCN 500039, SILVERDALE, 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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified288238238238238238
Total bed days availableunverified105,40899,00686,87086,87087,10886,870
Total facility dischargesunverified14,28311,44814,52314,74916,69618,403
Total facility inpatient daysunverified65,06663,10475,33278,47982,97785,657
Total patient revenue (gross charges)unverified$2,563,470,397$2,723,971,464$3,128,704,200$3,301,112,263$3,666,434,631$4,005,426,031
Contractual allowances and discountsunverified$1,987,689,708$2,122,990,601$2,480,920,822$2,647,706,494$2,904,210,927$3,185,205,973
Net patient revenueunverified$575,780,689$600,980,863$647,783,378$653,405,769$762,223,704$820,220,058
Total operating expensesunverified$480,984,684$551,760,555$585,448,956$638,908,819$666,984,603$722,730,096
Net income from service to patientsunverified$94,796,005$49,220,308$62,334,422$14,496,950$95,239,101$97,489,962
Net incomeunverified$125,838,483$155,988,485$64,373,150$44,278,496$117,363,539$118,680,196
Cost of uncompensated careunverified$9,541,565$8,917,968$8,042,681$9,298,740$11,784,045$13,215,269
Total facility bad debt expenseunverified$9,232,947$10,523,152$12,031,409$14,699,012$16,624,936$19,262,812
Charity care charges and uninsured discountsunverified$27,823,924$22,547,116$23,616,735$25,542,156$37,023,704$41,951,154
Cost of charity careunverified$7,288,113$6,431,613$5,568,780$6,225,678$8,538,960$9,577,611
Charges for insured patients' liabilityunverified$2,971,446$762,674
Operating marginunverified16.5%8.2%9.6%2.2%12.5%11.9%
Overall cost-to-charge ratiounverified18.8%20.3%18.7%19.4%18.2%18.0%
Occupancy rateunverified61.7%63.7%86.7%90.3%95.3%98.6%
Average length of stayunverified4.65.55.25.35.04.7
Uncompensated care as % of operating expenseunverified2.0%1.6%1.4%1.5%1.8%1.8%
Charity care cost-to-charge ratiounverified26.2%28.5%23.6%24.4%23.1%22.8%
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