PENINSULA MEDICAL CENTER — financial and operating metrics

CCN 050007, BURLINGAME, CA · Medicare cost reports, FY2020–FY2025

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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified257241241241241241
Total bed days availableunverified94,06291,35787,96587,96588,20687,965
Total facility dischargesunverified10,36910,71910,93811,62412,60713,497
Total facility inpatient daysunverified44,61247,71847,38253,32856,56360,610
Total patient revenue (gross charges)unverified$1,692,379,218$1,976,480,843$1,984,548,605$2,271,262,893$2,548,856,694$2,922,196,923
Contractual allowances and discountsunverified$1,046,174,010$1,286,567,141$1,279,815,146$1,497,168,046$1,652,601,306$1,910,726,791
Net patient revenueunverified$646,205,208$689,913,702$704,733,459$774,094,847$896,255,388$1,011,470,132
Total operating expensesunverified$641,175,994$658,818,872$678,608,544$733,057,625$849,124,649$897,123,328
Net income from service to patientsunverified$5,029,214$31,094,830$26,124,915$41,037,222$47,130,739$114,346,804
Net incomeunverified$69,654,799$51,901,445$47,743,747$70,060,552$71,404,401$140,772,519
Cost of uncompensated careunverified$7,489,931$6,528,573$7,067,075$9,168,866$10,844,342$10,714,378
Total facility bad debt expenseunverified$6,104,781$6,094,254$7,434,703$13,738,550$17,702,934$18,820,593
Charity care charges and uninsured discountsunverified$16,728,229$17,707,611$15,937,129$19,177,416$20,621,507$21,217,060
Cost of charity careunverified$5,557,142$4,951,368$4,846,862$5,305,979$5,868,734$5,762,583
Charges for insured patients' liabilityunverified$678,717$369,902$74,439
Operating marginunverified0.8%4.5%3.7%5.3%5.3%11.3%
Overall cost-to-charge ratiounverified37.9%33.3%34.2%32.3%33.3%30.7%
Occupancy rateunverified47.4%52.2%53.9%60.6%64.1%68.9%
Average length of stayunverified4.34.54.34.64.54.5
Uncompensated care as % of operating expenseunverified1.2%1.0%1.0%1.3%1.3%1.2%
Charity care cost-to-charge ratiounverified33.2%28.0%30.4%27.7%28.5%27.2%
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