Virginia Mason Health System
Virginia Mason Memorial
2018 Financial Data
Fiscal year ending Dec. 31 (000s omitted)
| 2018 | 2017 | |
|---|---|---|
| Net Revenue from Patient Care This amount represents the revenue Virginia Mason Memorial received from patient care services. | $454,574 | $443,459 |
| Other Operating Revenue This amount represents the revenue for any nonpatient care activities. | 15,564 | 13,834 |
| Total Revenue | $470,138 | $457,293 |
| Total Expenses This amount represents the cost of salaries and benefits, supplies, utilities, interest, taxes and other operating costs. | $480,027 | $470,904 |
| Operating Income (Loss) This amount represents the revenue that remains after operating costs are covered. | (9,889) | (13,611) |
| Percent Margin* | (2.1%) | (3.0%) |
| Nonoperating Income** This amount represents the income or (loss) Virginia Mason Memorial received from investments and other sources. | (2,709) | 9,396 |
| Total Income | ($12,598) | ($4,215) |
| 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 2018 were largely offset by gains year-to-date, April 2019. |
(2.7%) | (.9%) |