PALOMAR HEALTH DOWNTOWN CAMPUS — financial and operating metrics

CCN 050115, ESCONDIDO, 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 availableunverified286286286292292292
Total bed days availableunverified107,881104,390104,390106,580106,872106,580
Total facility dischargesunverified22,72419,12318,30719,30318,88729,984
Total facility inpatient daysunverified82,31283,86278,49991,22487,37097,123
Total patient revenue (gross charges)unverified$3,254,724,969$3,499,223,345$3,553,709,538$3,912,342,504$4,184,631,910$4,634,162,714
Contractual allowances and discountsunverified$2,693,321,299$2,907,922,345$2,966,794,173$3,281,823,516$3,611,188,042$4,005,400,755
Net patient revenueunverified$561,403,670$591,301,000$586,915,365$630,518,988$573,443,868$628,761,959
Total operating expensesunverified$548,591,662$544,629,836$562,052,497$617,959,292$597,422,793$673,449,675
Net income from service to patientsunverified$12,812,008$46,671,164$24,862,868$12,559,696$-23,978,925$-44,687,716
Net incomeunverified$50,160,257$60,013,017$50,156,036$37,199,237$368,176$-22,111,733
Cost of uncompensated careunverified$16,783,150$18,255,952$12,718,500$15,587,710$17,111,842$21,976,607
Total facility bad debt expenseunverified$59,926,854$60,640,019$46,668,545$52,581,818$68,840,110$73,785,105
Charity care charges and uninsured discountsunverified$43,908,384$40,464,090$35,782,008$51,810,521$48,281,429$83,504,051
Cost of charity careunverified$7,050,817$7,384,701$5,559,486$7,816,219$7,367,456$11,717,172
Charges for insured patients' liabilityunverified$3,285,453$741,952
Operating marginunverified2.3%7.9%4.2%2.0%-4.2%-7.1%
Overall cost-to-charge ratiounverified16.9%15.6%15.8%15.8%14.3%14.5%
Occupancy rateunverified76.3%80.3%75.2%85.6%81.8%91.1%
Average length of stayunverified3.64.44.34.74.63.2
Uncompensated care as % of operating expenseunverified3.1%3.4%2.3%2.5%2.9%3.3%
Charity care cost-to-charge ratiounverified16.1%18.3%15.5%15.1%15.3%14.0%
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