A hospital in Seattle, WA. It ran an operating loss of 3.9% in FY25 on $1537.2M of operating revenue. It held 91 days of cash on hand (69th percentile among Urban PPS hospitals on liquidity). Operating margin improved from -12.1% in FY21 to -3.9% in FY25. Including nonoperating items, the all-in result was positive at 7.7%.
Operating margin · FY25
-3.9%
▲ 2.9 pts vs FY24
vs Urban PPS hospitals34th pctl of 1,475 (FY25)
Days cash on hand · FY25
91d
all sources
▲ 19.8 days vs FY24
vs Urban PPS hospitals69th pctl of 1,386 (FY25)
Total operating revenue · FY25
$1.54B
▲ 174.3 $M vs FY24
vs Urban PPS hospitals93rd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+7.7%
▲ 7.6 pts vs FY24
vs Urban PPS hospitals56th pctl of 1,475 (FY25)
One point of operating margin at HARBORVIEW MEDICAL CENTER is about $15.4M per year (1% of FY25 total operating revenue).
Where HARBORVIEW MEDICAL CENTER sits among Urban PPS hospitals
Operating margin · FY25 pool · n = 1,475 of 2,681 filed
Each point is one Urban PPS hospital in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The Urban PPS hospital median is +1.3%. Descriptive context only, not a ranking.
One urban pps hospitalHARBORVIEW MEDICALUrban PPS hospital median
The money
$ thousands · HCRIS cost-report basis · as filed, QA-gated
Ratios tell you how this hospital is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
1,201,617
1,344,490
1,534,824
Other operating revenue
—
18,450
2,413
Total operating revenue
1,201,617
1,362,940
1,537,237
Total operating expenses
1,337,709
1,455,746
1,596,916
Operating income
(136,092)
(92,806)
(59,679)
Operating margin %
-11.3%
-6.8%
-3.9%
Grants & contributions
25,784
23,955
34,041
Investment income
—
—
13,823
Other non-operating, net
130,609
70,551
145,132
Net income
20,301
1,700
133,317
Net income %
+1.5%
+0.1%
+7.7%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income
FY24 net patient A/R is not shown: gross A/R was not reported on the filing, making the derived net figure spurious (AR quality flag).
How it operates
quality & operational context · CMS public reporting
A 335-bed hospital at 94% occupancy 38% of patient revenue is outpatient.
The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.
Scale and flow
Occupancy
94.4%
Verified fact2025
HCRIS WS S-3
Average daily census
299.76
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
335
Verified fact2025
HCRIS WS S-3
Annual discharges
15,203
Verified fact2025
HCRIS WS S-3
Average length of stay
7.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
37.7%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
4,779
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
24.0%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.564
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.5%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.01
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.137537
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
KING County, WA
Median household income
$122.1K
vs $82.1K US · $59.7K rural median
Poverty rate
8.4%
vs 12.5% US · 14.3% rural median
Uninsured
5.2%
vs 8.6% US · 8.4% rural median
Age 65+
13.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
12.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 3.1% of county personal income is Medicare/Medicaid medical benefits; 7.8% arrives as government transfers (BEA, 2022).
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