Virginia Mason Memorial

2019 Financial Data

Fiscal year ending Dec. 31 (000s omitted)
2019 Financial Results
2019 2018
Net Revenue from Patient Care This amount represents the revenue Virginia Mason Memorial received from patient care services. $481,897 $454,574
Other Operating Revenue This amount represents the revenue for any nonpatient care activities. $18,890 $15,564
Total Revenue $500,787 $470,138
Total Expenses This amount represents the cost of salaries and benefits, supplies, utilities, interest, taxes and other operating costs. $499,176 $480,027
Operating Income (Loss) This amount represents the revenue that remains after operating costs are covered. $1,611 ($9,889)
Percent Margin* 0.32% (2.1%)
Nonoperating Income** This amount represents the income or (loss) Virginia Mason Memorial received from investments and other sources. $8,222 ($2,709)
Total Income $9,833 ($12,598)
Percent Margin*

*Percent Margin: To stay viable, Virginia Mason Memorial must meet expenses and have money left over (margin) to invest in people, technology and facilities.

**Nonoperating Income: Investment losses reported in 2019 were largely offset by gains year-to-date, April 2019.
1.93% (2.7%)