SHARP MEMORIAL HOSPITAL — financial and operating metrics

CCN 050100, SAN DIEGO, 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 availableunverified832832832745745745
Total bed days availableunverified304,512303,680303,680271,925272,670271,925
Total facility dischargesunverified29,91030,99631,36537,53437,33738,995
Total facility inpatient daysunverified152,830161,998163,703158,613167,584175,114
Total patient revenue (gross charges)unverified$5,605,484,721$6,339,189,385$6,650,677,982$7,003,297,779$7,804,506,351$8,589,898,965
Contractual allowances and discountsunverified$4,327,351,430$4,970,844,024$5,293,064,027$5,558,573,050$6,284,470,852$7,065,694,950
Net patient revenueunverified$1,278,133,291$1,368,345,361$1,357,613,955$1,444,724,729$1,520,035,499$1,524,204,015
Total operating expensesunverified$1,165,550,172$1,239,711,898$1,262,695,483$1,315,546,999$1,444,507,647$1,554,432,899
Net income from service to patientsunverified$112,583,119$128,633,463$94,918,472$129,177,730$75,527,852$-30,228,884
Net incomeunverified$299,043,334$386,570,794$-138,083,785$291,741,190$410,599,827$172,821,117
Cost of uncompensated careunverified$25,186,378$19,422,419$22,561,287$20,251,175$20,907,018$22,323,650
Total facility bad debt expenseunverified$25,983,867$8,304,129$28,517,610$17,502,878$8,908,914$21,789,018
Charity care charges and uninsured discountsunverified$69,478,221$72,059,638$53,147,390$54,067,358$70,670,919$63,376,748
Cost of charity careunverified$20,161,695$17,591,372$17,364,541$16,888,019$18,989,771$18,325,801
Charges for insured patients' liabilityunverified$537,649$5,337,707$896,328
Operating marginunverified8.8%9.4%7.0%8.9%5.0%-2.0%
Overall cost-to-charge ratiounverified20.8%19.6%19.0%18.8%18.5%18.1%
Occupancy rateunverified50.2%53.3%53.9%58.3%61.5%64.4%
Average length of stayunverified5.15.25.24.24.54.5
Uncompensated care as % of operating expenseunverified2.2%1.6%1.8%1.5%1.4%1.4%
Charity care cost-to-charge ratiounverified29.0%24.4%32.7%31.2%26.9%28.9%
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