HOAG MEMORIAL HOSPITAL PRESBYTERIAN — financial and operating metrics

CCN 050224, NEWPORT BEACH, 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 availableunverified512512512512512512
Total bed days availableunverified183,264186,880186,880186,880187,392186,880
Total facility dischargesunverified29,57331,69931,03434,32736,02337,448
Total facility inpatient daysunverified124,083138,693145,683152,419153,884159,090
Total patient revenue (gross charges)unverified$3,525,253,742$4,181,347,703$4,721,479,484$5,488,172,076$6,402,970,336$7,363,995,143
Contractual allowances and discountsunverified$2,403,919,278$2,906,210,174$3,354,740,441$3,922,964,264$4,666,408,314$5,427,608,549
Net patient revenueunverified$1,121,334,464$1,275,137,529$1,366,739,043$1,565,207,812$1,736,562,022$1,936,386,594
Total operating expensesunverified$1,189,704,085$1,268,791,122$1,420,617,479$1,668,055,821$1,810,182,637$1,981,576,036
Net income from service to patientsunverified$-68,369,621$6,346,407$-53,878,436$-102,848,009$-73,620,615$-45,189,442
Net incomeunverified$259,597,540$403,024,738$-157,846,321$302,767,582$365,803,920$477,317,076
Cost of uncompensated careunverified$16,627,729$16,176,953$18,363,151$21,573,563$23,570,646$26,641,204
Total facility bad debt expenseunverified$24,404,302$26,444,624$19,323,833$38,451,419$30,904,627$46,916,988
Charity care charges and uninsured discountsunverified$27,943,282$29,024,638$41,674,922$38,534,886$48,022,079$45,704,142
Cost of charity careunverified$10,023,332$9,656,199$13,596,926$11,995,037$16,210,170$16,083,745
Charges for insured patients' liabilityunverified$5,028,478$8,067,964$11,028,952
Operating marginunverified-6.1%0.5%-3.9%-6.6%-4.2%-2.3%
Overall cost-to-charge ratiounverified33.7%30.3%30.1%30.4%28.3%26.9%
Occupancy rateunverified67.7%74.2%78.0%81.6%82.1%85.1%
Average length of stayunverified4.24.44.74.44.34.2
Uncompensated care as % of operating expenseunverified1.4%1.3%1.3%1.3%1.3%1.3%
Charity care cost-to-charge ratiounverified35.9%33.3%32.6%31.1%33.8%35.2%
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