Phd#1 DBA Skagit Valley Hospital

1415 E Kincaid Street, Mount Vernon, WA 98273-1376 · Skagit County

General Acute ★ CMS 3/5 Emergency services

At a glance

Latest cost report FY2024

Net patient revenue

$553.4M

Operating margin

-4.1%

Net income

$13.1M

Staffed beds

137

Annual discharges

7,969

Case mix index

1.68

Ownership & identity

Control, system & affiliation

Ownership / controlGovernment (city-county) Health systemPublic Hospital Dist No 1 Skagit (2) Hospital typeGeneral Acute Phone(360) 424-4111 CMS star rating3 / 5 Emergency servicesYes

Net patient revenue trend

FY2019–FY2024

Fiscal year	Net patient revenue
FY2019	$337,173,906
FY2020	$338,844,412
FY2021	$396,282,097
FY2022	$414,259,675
FY2023	$467,022,152
FY2024	$553,411,040

Payer mix

Share of inpatient days

Medicare25.7%Medicaid7.9%Commercial & other66.4%

How Phd#1 DBA Skagit Valley Hospital compares

#22 of 107 Washington hospitals by net patient revenue

Deaconess Medical Center · Spokane $532.7M Legacy Salmon Creek Hospital · Vancouver $506.8M Swedish Medical Center Cherry Hill · Seattle $615.9M Yakima Valley Memorial Hospital · Yakima $627.8M Providence St. Peter Hospital · Olympia $648.7M Good Samaritan Hospital · Puyallup $736.7M

Other Public Hospital Dist No 1 Skagit hospitals

Same health system · view all

Cascade Valley Hospital · Arlington, WA $107.0M

Full financial detail

Premium · in the Hospitals app

🔒 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).

Open in the Hospitals app →

🔒 Screener & comparison builder

Screen all 6,421 U.S. hospitals, benchmark Phd#1 DBA Skagit Valley Hospital against Washington peers on margin, revenue, occupancy and payer mix, build side-by-side comparisons, and export — in the interactive app.

Open the benchmarking tool →