Competitive Intelligence — MULTICARE COVINGTON MEDICAL CENTER
CCN 500154 | WA | 45 beds | Nat'l margin P57 | 8 gaps to P75
🛡️ Public data only — no PHI permitted on this instance.
$97.2M
Net Revenue
-2.2%
Margin (P57)
45
Beds
6,123
National Universe
4
Peer Groups
Percentile Rankings — All Metrics
Percentile rank across 4 peer groups. Bar shows position: left = bottom of peers, right = top. Green = favorable direction, red = unfavorable. Direction: ▲ higher is better, ▼ lower is better, ▶ neutral.
Data: CMS HCRIS FY2022 | 6,123 hospitals with complete financials
| Metric | Value | National (n=6,122) | WA State (n=103) | Size-Matched (n=2,702) | WA Size-Matched (n=40) | Direction |
|---|---|---|---|---|---|---|
| Net Patient Revenue | $97.2M | P60 | P50 | P85 | P75 | ▲ higher |
| Operating Margin | -2.2% | P57 | P78 | P55 | P80 | ▲ higher |
| Bed Count | 45 | P41 | P46 | P61 | P72 | ▶ neutral |
| Revenue per Bed | $2.2M | P80 | P58 | P81 | P60 | ▲ higher |
| Occupancy Rate | 72.5% | P75 | P65 | P82 | P85 | ▲ higher |
| Net-to-Gross Ratio | 25.2% | P30 | P18 | P20 | P8 | ▲ higher |
| Expense per Bed | $2.2M | P80 | P54 | P82 | P60 | ▼ lower |
| Medicare Day % | 22.4% | P29 | P26 | P18 | P22 | ▶ neutral |
| Medicaid Day % | 1.5% | P20 | P20 | P26 | P28 | ▶ neutral |
| Commercial Payer % | 76.2% | P82 | P86 | P87 | P90 | ▲ higher |
| Payer Diversity Index | 0.369 | P21 | P14 | P16 | P10 | ▲ higher |
| Total Patient Days | 11,916 | P50 | P48 | P77 | P78 | ▲ higher |
Value Creation Gaps — Path to P75
Metrics where the target trails size-matched P75 peers. Each gap represents quantifiable value creation opportunity. Estimated EBITDA impact assumes linear improvement proportional to revenue.
| Metric | Current | P75 Target | Gap | Percentile | Est. Impact |
|---|---|---|---|---|---|
| Expense per Bed | $2.2M | $1.8M | -$1.8M | P82 | ~$7.9M |
| Expense per Bed | $2.2M | $3.3M | -$1.3M | P60 | ~$5.9M |
| Revenue per Bed | $2.2M | $3.1M | +$955K | P60 | ~$4.3M |
| Net-to-Gross Ratio | 25.2% | 60.7% | +35.5% | P8 | ~$34.5M |
| Net-to-Gross Ratio | 25.2% | 53.3% | +28.2% | P20 | ~$27.4M |
| Payer Diversity Index | 0.369 | 0.542 | +0.173 | P10 | — |
| Payer Diversity Index | 0.369 | 0.528 | +0.159 | P16 | — |
| Operating Margin | -2.2% | 6.8% | +8.9% | P55 | ~$8.7M |
Top Size-Matched Peers
22–90 beds, ranked by revenue. Click any peer for full profile.
| Hospital | State | Beds | Revenue | Margin | Medicare |
|---|---|---|---|---|---|
| MULTICARE COVINGTON MEDICAL CE (Target) | WA | 45 | $97.2M | -2.2% | 22% |
| DANA-FARBER CANCER INSTITUTE | MA | 30 | $1.88B | -35.1% | 35% |
| MIDWESTERN REGIONAL MEDICAL CE | IL | 73 | $1.38B | 80.5% | 30% |
| MERCY WALWORTH HOSPITAL | WI | 25 | $616.4M | 4.4% | 34% |
| RANCHO LOS AMIGOS NATL.REHAB.C | CA | 83 | $512.6M | 41.9% | 5% |
| USC NORRIS CANCER HOSPITAL | CA | 60 | $468.7M | 19.1% | 24% |
| ST. JOSEPHS COMM. HOSPT. | WI | 70 | $436.8M | 66.1% | 32% |
| LAKEVIEW MEMORIAL | MN | 68 | $411.9M | 60.9% | 30% |
| MOUNTAIN VIEW HOSPITAL | ID | 43 | $382.5M | 8.7% | 5% |
| DECATUR COMMUNITY HOSPITAL | TX | 81 | $361.0M | -15.5% | 32% |
| WISE HEALTH SYSTEM - PARKWAY | TX | 36 | $361.0M | -15.5% | 26% |