Multicare Covington Medical Center
17700 Se 272nd Street, Covington, WA 98042 · King County
General Acute ★ CMS 3/5 Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$114.9M
Operating margin
3.3%
Net income
$10.4M
Staffed beds
48
Annual discharges
2,588
Case mix index
1.32
Ownership & identity
Control, system & affiliation
Ownership / controlNonprofit (other) Health systemMulticare Health System (13) Hospital typeGeneral Acute Phone(253) 372-7400 CMS star rating3 / 5 Emergency servicesYes
Net patient revenue trend
FY2019–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2019 | $83,124,949 |
| FY2020 | $76,828,998 |
| FY2021 | $90,163,406 |
| FY2022 | $97,206,526 |
| FY2023 | $93,352,935 |
| FY2024 | $114,901,161 |
Payer mix
Share of inpatient days
Medicare21.0%Medicaid1.7%Commercial & other77.3%
How Multicare Covington Medical Center compares
#53 of 107 Washington hospitals by net patient revenue
Other Multicare Health System hospitals
Same health system · view all
Capital Medical Center · Olympia, WA $198.5M Deaconess Medical Center · Spokane, WA $532.7M Good Samaritan Hospital · Puyallup, WA $736.7M Multicare Auburn Medical Center · Auburn, WA $246.9M Navos · Seattle, WA $31.4M Overlake Hospital Medical Center · Bellevue, WA $751.4M Tacoma General Allenmore Hospital · Tacoma, WA $1.46B Valley Hospital & Medical Center · Spokane, WA $196.3M
Full financial detail
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🔒 5-year income statement & balance sheet
Line-by-line revenue, expenses, assets, liabilities and net assets for FY2020–FY2024, plus top Medicare DRGs, cost structure, EBITDAR, and Medicare reimbursement (IME, DSH, charity & uncompensated care).
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