▸ Cost Report · CCN 500003 · FY 2024
PHD#1 DBA SKAGIT VALLEY HOSPITAL
MOUNT VERNON, WA 98273-1376 · Fiscal year ending 2024-12-31
$553.4M
TOTAL REVENUES
$13.1M
NET INCOME
2.4%
OPERATING MARGIN
7,969
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $553.4M
- Total costs
- $575.9M
- Net income
- $13.1M
- Operating margin
- 2.4%
- Total charges
- $1.16B
- Medicare charges
- $148.2M
- Medicaid charges
- —
- Charity care charges
- $13.2M
- Uncompensated care
- $27.7M
- Bad debt
- $14.3M
- Total assets
- $672.6M
- Total liabilities
- $496.6M
- Fund balance
- $176.0M
02 — UTILIZATION
Utilization
- Total beds
- 137
- Bed days available
- 50,142
- Total inpatient days
- 44,593
- Medicare inpatient days
- 11,455
- Medicaid inpatient days
- 3,528
- Total outpatient visits
- —
- Total discharges
- 7,969
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
04 — PEER BENCHMARK
Peer cohort — WA Acute Care Hospitals
46 hospitals filing FY2024
- Median operating margin
- 0.1%
- 25th percentile margin
- -4.3%
- 75th percentile margin
- 5.8%
- Median discharges
- 8,682
- Median net income
- $1.5M
- Median bed count
- 173
07a — MS-DRG MIX
Top inpatient DRGs by volume
Per CMS Medicare Inpatient Hospitals dataset (PY2021)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 173 | $18K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 161 | $18K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 114 | $12K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 76 | $12K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 52 | $14K |
| 885 | PSYCHOSES | 51 | $14K |
| 280 | ACUTE MYOCARDIAL INFARCTION, DISCHARGED ALIVE WITH MCC | 49 | $14K |
| 872 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC | 48 | $10K |
| 280 | ACUTE MYOCARDIAL INFARCTION, DISCHARGED ALIVE WITH MCC | 43 | $14K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 43 | $15K |
CROSS-REFERENCE
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