Astrelis
Urban PPS hospital · Renton, WA

VALLEY MEDICAL CENTER

CCN 500088KING CountyGovernment - Hospital District or AuthorityUrban (USDA RUCC)283 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Renton, WA. It ran an operating loss of 12.1% in FY25 on $933.9M of operating revenue. It held 56 days of cash on hand (61st percentile among Urban PPS hospitals on liquidity). Operating margin improved from -14.2% in FY21 to -12.1% in FY25.

Operating margin · FY25
-12.1%
0.3 pts vs FY24
vs Urban PPS hospitals18th pctl of 1,475 (FY25)
Days cash on hand · FY25
56d
all sources
19.5 days vs FY24
vs Urban PPS hospitals61st pctl of 1,386 (FY25)
Total operating revenue · FY25
$933.9M
78.4 $M vs FY24
vs Urban PPS hospitals87th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
-2.9%
7.7 pts vs FY24
vs Urban PPS hospitals20th pctl of 1,475 (FY25)
One point of operating margin at VALLEY MEDICAL CENTER is about $9.3M per year (1% of FY25 total operating revenue).

Where VALLEY 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.

-20%-10%0%+10%+20%Urban PPS hospital median +1.3311360264910879%VALLEY MEDICAL -12.13855502636512%-20%0%+20%Urban PPS hospital median +1.3311360264910879%VALLEY MEDICAL -12.13855502636512%
One urban pps hospitalVALLEY 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.

Operating margin
-12.1% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-2.9% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
56d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.20× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
31% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
42d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue802,522855,509933,951
Other operating revenue5954(9)
Total operating revenue802,581855,563933,942
Total operating expenses922,359956,9611,047,309
Operating income(119,778)(101,398)(113,367)
Operating margin %-14.9%-11.9%-12.1%
Grants & contributions272266398
Investment income1,5362,0602,820
Other non-operating, net128,542148,73880,588
Net income10,57249,666(29,561)
Net income %+1.1%+4.9%-2.9%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 283-bed hospital at 72% occupancy 62% 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
72.0%
Verified fact2025
HCRIS WS S-3
Average daily census
233.07
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
283
Verified fact2025
HCRIS WS S-3
Annual discharges
15,533
Verified fact2025
HCRIS WS S-3
Average length of stay
5.5d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
62.1%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
3,733
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
22.0%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.694
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
13.8%
Better Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.94
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.686389
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-14.2%-19.5%-14.9%-11.9%-12.1%FY21FY22FY23FY24FY25
Days cash on hand
143 days86 days64 days75 days56 daysFY21FY22FY23FY24FY25

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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