▸ Cost Report · CCN 500025 · FY 2024
SWEDISH MEDICAL CENTER CHERRY HILL
SEATTLE, WA 98122 · Fiscal year ending 2024-12-31
$615.9M
TOTAL REVENUES
−$15.8M
NET INCOME
-2.6%
OPERATING MARGIN
9,135
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $615.9M
- Total costs
- $641.2M
- Net income
- −$15.8M
- Operating margin
- -2.6%
- Total charges
- $1.83B
- Medicare charges
- $493.0M
- Medicaid charges
- —
- Charity care charges
- $26.3M
- Uncompensated care
- $32.9M
- Bad debt
- $6.6M
- Total assets
- $609.3M
- Total liabilities
- $106.2M
- Fund balance
- $503.1M
02 — UTILIZATION
Utilization
- Total beds
- 181
- Bed days available
- 66,246
- Total inpatient days
- 50,261
- Medicare inpatient days
- 12,293
- Medicaid inpatient days
- 912
- Total outpatient visits
- —
- Total discharges
- 9,135
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 9,135 | $615.9M | −$15.8M | -2.6% |
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03b — TREND CHART
Revenue, costs, and net income by fiscal year
Multi-year P&L chart — visualize revenue, costs, and net income side-by-side across every filing.See Solo · $499/yr →
DISTRESS RADAR
Risk signals detected
Auto-flagged from 3-year trend on margin, volume, and bad debt
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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
05 — QUALITY (CMS CARE COMPARE)
CMS Care Compare quality measures
Sourced from data.cms.gov · refreshed monthly. CMS publishes these — we surface them.
Overall rating
4 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Same as the national average
- Safety vs national avg
- Above the national average
- Readmissions vs national avg
- Above the national average
- Patient experience vs national avg
- —
- Timely & effective vs national avg
- —
07a — MS-DRG MIX
Top inpatient DRGs by volume
Per CMS Medicare Inpatient Hospitals dataset (PY2022)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 266 | ENDOVASCULAR CARDIAC VALVE REPLACEMENT AND SUPPLEMENT PROCED… | 273 | $64K |
| 266 | ENDOVASCULAR CARDIAC VALVE REPLACEMENT AND SUPPLEMENT PROCED… | 201 | $62K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 124 | $12K |
| 274 | PERCUTANEOUS AND OTHER INTRACARDIAC PROCEDURES WITHOUT MCC | 123 | $32K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 121 | $14K |
| 065 | INTRACRANIAL HEMORRHAGE OR CEREBRAL INFARCTION WITH CC OR TP… | 87 | $10K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 84 | $14K |
| 025 | CRANIOTOMY AND ENDOVASCULAR INTRACRANIAL PROCEDURES WITH MCC | 84 | $50K |
| 064 | INTRACRANIAL HEMORRHAGE OR CEREBRAL INFARCTION WITH MCC | 81 | $21K |
| 064 | INTRACRANIAL HEMORRHAGE OR CEREBRAL INFARCTION WITH MCC | 80 | $20K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2022)
| ZIP | Cases | Bed days |
|---|---|---|
| 98118 | 249 | 1248 |
| 98118 | 220 | 1356 |
| 98118 | 217 | 1184 |
| 98118 | 207 | 1135 |
| 98118 | 205 | 1340 |
| 98118 | 173 | 1131 |
| 98144 | 164 | 840 |
| 98144 | 157 | 880 |
| 98144 | 153 | 973 |
| 98382 | 146 | 829 |
CROSS-REFERENCE
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