CCN 050197, REDWOOD CITY, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 208 | 208 | 208 | 208 | 184 | 184 |
| Total bed days availableunverified | 76,128 | 75,920 | 75,920 | 75,920 | 67,344 | 67,160 |
| Total facility dischargesunverified | 4,403 | 4,167 | 5,449 | 5,711 | 5,520 | 4,875 |
| Total facility inpatient daysunverified | 17,606 | 16,282 | 17,174 | 17,877 | 17,060 | 16,027 |
| Total patient revenue (gross charges)unverified | $1,109,036,575 | $1,260,071,823 | $1,346,534,610 | $1,521,940,316 | $1,617,702,544 | $1,662,521,809 |
| Contractual allowances and discountsunverified | $858,328,790 | $986,252,140 | $1,051,288,117 | $1,200,114,152 | $1,290,680,666 | $1,368,497,833 |
| Net patient revenueunverified | $250,707,785 | $273,819,683 | $295,246,493 | $321,826,164 | $327,021,878 | $294,023,976 |
| Total operating expensesunverified | $280,454,535 | $296,966,906 | $307,401,026 | $325,554,659 | $339,218,962 | $326,215,520 |
| Net income from service to patientsunverified | $-29,746,750 | $-23,147,223 | $-12,154,533 | $-3,728,495 | $-12,197,084 | $-32,191,544 |
| Net incomeunverified | $-42,206,129 | $11,673,189 | $-9,141,632 | $16,375,170 | $12,069,211 | $2,174,460 |
| Cost of uncompensated careunverified | $4,613,822 | $2,810,221 | $4,302,665 | $6,352,986 | $7,213,144 | $7,195,304 |
| Total facility bad debt expenseunverified | $5,037,633 | $2,460,004 | $4,604,693 | $6,903,911 | $3,462,753 | $5,740,649 |
| Charity care charges and uninsured discountsunverified | $11,975,060 | $8,670,768 | $13,570,443 | $19,802,379 | $29,107,583 | $28,954,354 |
| Cost of charity careunverified | $3,410,416 | $2,262,481 | $3,380,842 | $4,996,771 | $6,553,228 | $6,171,223 |
| Operating marginunverified | -11.9% | -8.5% | -4.1% | -1.2% | -3.7% | -10.9% |
| Overall cost-to-charge ratiounverified | 25.3% | 23.6% | 22.8% | 21.4% | 21.0% | 19.6% |
| Occupancy rateunverified | 23.1% | 21.4% | 22.6% | 23.5% | 25.3% | 23.9% |
| Average length of stayunverified | 4.0 | 3.9 | 3.2 | 3.1 | 3.1 | 3.3 |
| Uncompensated care as % of operating expenseunverified | 1.6% | 0.9% | 1.4% | 2.0% | 2.1% | 2.2% |
| Charity care cost-to-charge ratiounverified | 28.5% | 26.1% | 24.9% | 25.2% | 22.5% | 21.3% |