OPTIMAL HOSPICE - LONG BEACH — financial and operating metrics

CCN 551531, LONG BEACH, CA · Medicare cost reports, FY2015–FY2020

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2015FY2016FY2017FY2018FY2019FY2020
Total patient revenue (gross charges)unverified$2,937,433$3,181,509$3,486,198$3,631,159$4,520,019$4,173,279
Contractual allowances and discountsunverified$361,233$-84,694$140,689$60,432$100,271$233,602
Net patient revenueunverified$2,576,200$3,266,203$3,345,509$3,570,727$4,419,748$3,939,677
Total revenue, all sourcesunverified$2,763,748$3,490,399$3,733,213$1,838,619$4,711,980$4,079,088
Total operating expensesunverified$3,836,901$4,225,919$4,570,832$4,056,206$3,983,009$4,886,205
Net income (loss) for the periodunverified$-1,073,153$-735,520$-837,619$-2,217,587$728,971$-807,117
Total hospice daysunverified15,75516,53818,04918,11122,72621,208
Operating marginunverified-38.8%-21.1%-22.4%-120.6%15.5%-19.8%
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