QUINCY VALLEY MEDICAL CENTER — financial and operating metrics

CCN 501320, QUINCY, 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 dischargesunverified171438357367
Total facility inpatient daysunverified34.025.094.092.0235198
Total patient revenue (gross charges)unverified$9,794,695$10,256,242$14,270,600$17,596,306$23,204,547$22,081,360
Contractual allowances and discountsunverified$3,642,882$2,330,214$5,392,575$6,087,408$10,410,444$8,214,886
Net patient revenueunverified$6,151,813$7,926,028$8,878,025$11,508,898$12,794,103$13,866,474
Total operating expensesunverified$8,277,646$8,664,478$9,514,212$10,715,317$14,902,219$17,431,916
Net income from service to patientsunverified$-2,125,833$-738,450$-636,187$793,581$-2,108,116$-3,565,442
Net incomeunverified$384,966$1,402,308$6,072,271$3,859,245$4,208,238$2,739,637
Cost of uncompensated careunverified$936,117$848,795$852,373$642,154$661,930$1,063,054
Total facility bad debt expenseunverified$886,479$801,009$1,028,433$745,640$742,798$823,302
Charity care charges and uninsured discountsunverified$138,426$130,363$179,021$264,469$320,524$594,986
Cost of charity careunverified$128,151$119,757$135,220$174,098$212,608$457,497
Operating marginunverified-34.6%-9.3%-7.2%6.9%-16.5%-25.7%
Overall cost-to-charge ratiounverified84.5%84.5%66.7%60.9%64.2%78.9%
Occupancy rateunverified0.9%0.7%2.6%2.5%6.4%5.4%
Average length of stayunverified2.52.63.23.0
Uncompensated care as % of operating expenseunverified11.3%9.8%9.0%6.0%4.4%6.1%
Charity care cost-to-charge ratiounverified92.6%91.9%75.5%65.8%66.3%76.9%
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