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Update on Financial Health of Washington Community Hospitals

Update on Financial Health of Washington Community Hospitals. Fiscal year 2004 data is available for 85 of 94 community hospitals. Financial measures are derived from publicly available data filed with the Washington State Department of Health.

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Update on Financial Health of Washington Community Hospitals

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  1. Update on Financial Health ofWashington Community Hospitals • Fiscal year 2004 data is available for 85 of 94 community hospitals. • Financial measures are derived from publicly available data filed with the Washington State Department of Health. • Questions about these data? Contact Jane Feldman. (janef@wsha.org) Washington State Hospital Association Health Information Program Washington State Hospital Association Health Information Program

  2. Operating margins dropped in 2004, but are the second-highest since 1997 Hospital Operating Margins Data Source: Washington State Dept. of Health Hospital Fiscal Year-End Reports (2004 prelim) Washington State Hospital Association Health Information Program

  3. Cost shifting from government to private payers continues to expand Percent of Costs Reimbursed by Payers Other Total Medicaid Medicare Data Source: Washington State Dept. of Health Hospital Fiscal Year-End Reports (2004 prelim) Washington State Hospital Association Health Information Program

  4. The 0-5% and negative % groups for 2001-2004 will likely expand a bit with complete data Average Four-Year Operating Margins by Number of Hospitals Data Source: Washington State Dept. of Health Hospital Fiscal Year-End Reports (2004 prelim) Washington State Hospital Association Health Information Program

  5. Total Margin includes Non-Operating Revenue Hospital Total Margins Data Source: Washington State Dept. of Health Hospital Fiscal Year-End Reports (2004 prelim) Washington State Hospital Association Health Information Program

  6. Charity care charges increased in 2004 with the end of the Medically Indigent program Uncompensated Care as Percent of Total Patient Revenue Percent Data Source: Washington State Dept. of Health Hospital Fiscal Year-End Reports (2004 prelim) Washington State Hospital Association Health Information Program

  7. ER volume has increased 30% since 1999 Emergency Room Visits (1000s) 2,304 2,249 2,154 2,084 1,910 1,773 1,674 1,686 1,639 1,618 Data Source: Washington State Dept of Health Hospital Fiscal Year-End Reports (*2004 prelim) Washington State Hospital Association Health Information Program

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