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Short-term acute care hospital · Mount Vernon, Washington · 137 beds · CMS certification number 500003

Skagit Valley Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, amended, stamped by CMS July 24, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$610.9M
$610,926,251 · G-3 line 3
Operating expenses
$560.7M
$560,726,266 · G-3 line 4
Result from patient care
$50.2M
$50,199,985 · G-3 line 5
Margin on patient care
8.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $73.6M in its first year on file (1996) to $610.9M in 2025.
  • Its result from patient care: −$57.8M (2023), −$22.5M (2024), $50.2M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 6.1% of its inpatient days and Medicare for 24.9%.

Every statement is drawn from figures on this page; nothing is estimated.

30 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1996
reopened
$73.6M
$77.9M
1997
reopened
$74.0M
$76.4M
1998
settled with audit
$81.6M
$82.5M
1999
settled with audit
$81.2M
$87.1M
2000
reopened
$86.7M
$91.7M
2001
reopened
$90.9M
$95.7M
2002
reopened
$101.2M
$109.3M
2003
reopened
$101.3M
$114.5M
2004
reopened
$82.6M
$94.7M
2005
reopened
$90.8M
$93.6M
2006
settled
$97.1M
$105.1M
2007
reopened
$113.3M
$120.2M
2008
reopened
$138.4M
$146.2M
2009
reopened
$143.1M
$151.9M
2010
reopened
$172.6M
$187.1M
2011
reopened
$201.8M
$214.2M
2012
reopened
$228.9M
$238.7M
2013
reopened
$237.1M
$255.0M
2014
reopened
$263.2M
$268.1M
2015
reopened
$287.6M
$297.2M
2016
reopened
$303.0M
$329.6M
2017
settled
$306.1M
$340.8M
2018
settled
$325.0M
$350.5M
2019
settled
$337.2M
$376.1M
2020
settled
$338.8M
$391.2M
2021
settled
$396.3M
$442.3M
2022
settled
$414.3M
$488.6M
2023
settled
$467.0M
$524.8M
2024
as submitted
$553.4M
$575.9M
2025
amended
$610.9M
$560.7M

Beside its peers

Short-term acute care hospitals in Washington with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Skagit Valley Hospital137$610,926,251$560,726,2668.2%
St. Anne Hospital, Seattle132$232,441,256$243,744,192−4.9%
St. Francis Hospital, Federal Way152$324,177,165$313,481,5273.3%
St. John Medical Center, Longview142$399,179,513$393,052,1241.5%
Swedish Edmonds, Edmonds165$351,089,408$421,706,788−20.1%
Multicare Valley Hospital, Spokane123$206,939,323$206,474,1820.2%

Patients and payers

Discharges
8,394
S-3 line 14, col 15
Inpatient days
45,968
S-3 line 14, col 8
Beds in use, on an average day
126.3
days ÷ days in year
Occupancy
91.9%
days ÷ bed days
Medicare share of days
24.9%
S-3 cols 6 ÷ 8
Medicaid share of days
6.1%
S-3 cols 7 ÷ 8

Who owns it

Indirect owner: PUBLIC HOSPITAL DIST NO 1 SKAGIT

Related organizations on its own cost report: CASCADE IMAGING, healthcare; HOME OFFICE, healthcare.

Other hospitals with the same owner: Cascade Valley Hospital (WA).

Type of control on its cost report: governmental, hospital district.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 500003. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read July 24, 2026.