SUMMIT PACIFIC MEDICAL CENTER — financial and operating metrics

CCN 501304, ELMA, 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 availableunverified101010101010
Total bed days availableunverified3,6503,6603,6503,6503,6503,660
Total facility dischargesunverified341410376449568534
Total facility inpatient daysunverified1,5951,5911,3711,9442,2002,118
Total patient revenue (gross charges)unverified$102,609,510$106,971,559$130,788,863$155,177,522$174,597,022$209,550,574
Contractual allowances and discountsunverified$53,514,472$55,564,590$68,012,397$81,613,254$100,424,905$124,442,985
Net patient revenueunverified$49,095,038$51,406,969$62,776,466$73,564,268$74,172,117$85,107,589
Total operating expensesunverified$45,421,281$49,019,644$54,805,463$66,875,298$76,583,383$91,476,124
Net income from service to patientsunverified$3,673,757$2,387,325$7,971,003$6,688,970$-2,411,266$-6,368,535
Net incomeunverified$6,258,228$6,082,115$19,909,056$12,884,042$6,873,011$7,516,211
Cost of uncompensated careunverified$2,632,067$2,601,508$2,257,308$2,647,668$4,050,852$7,198,891
Total facility bad debt expenseunverified$4,095,199$3,288,339$3,373,772$4,142,343$6,996,671$13,085,603
Charity care charges and uninsured discountsunverified$1,810,604$2,234,110$1,956,181$2,159,557$1,923,849$3,010,177
Cost of charity careunverified$823,416$1,070,594$840,512$911,437$1,189,459$1,836,177
Operating marginunverified7.5%4.6%12.7%9.1%-3.3%-7.5%
Overall cost-to-charge ratiounverified44.3%45.8%41.9%43.1%43.9%43.7%
Occupancy rateunverified43.7%43.5%37.6%53.3%60.3%57.9%
Average length of stayunverified4.73.93.64.33.94.0
Uncompensated care as % of operating expenseunverified5.8%5.3%4.1%4.0%5.3%7.9%
Charity care cost-to-charge ratiounverified45.5%47.9%43.0%42.2%61.8%61.0%
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