GOLETA VALLEY COTTAGE HOSPITAL — financial and operating metrics

CCN 050357, SANTA BARBARA, 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 availableunverified282424242424
Total bed days availableunverified10,2488,7608,7608,7608,7848,760
Total facility dischargesunverified1,6081,2171,0171,0451,1511,153
Total facility inpatient daysunverified3,3243,0842,4642,8463,1983,369
Total patient revenue (gross charges)unverified$264,090,056$289,431,314$327,651,508$352,597,168$392,495,474$415,917,671
Contractual allowances and discountsunverified$165,926,675$184,978,956$215,718,524$231,824,852$262,706,455$282,231,615
Net patient revenueunverified$98,163,381$104,452,358$111,932,984$120,772,316$129,789,019$133,686,056
Total operating expensesunverified$82,785,902$89,889,705$95,418,687$100,013,275$105,877,668$108,173,322
Net income from service to patientsunverified$15,377,479$14,562,653$16,514,297$20,759,041$23,911,351$25,512,734
Net incomeunverified$22,951,941$25,476,320$9,175,597$38,494,565$40,525,882$50,819,977
Cost of uncompensated careunverified$1,930,996$1,831,042$1,354,132$1,671,258$1,363,499$1,432,453
Total facility bad debt expenseunverified$1,302,444$1,090,422$940,669$959,012$736,668$2,700,652
Charity care charges and uninsured discountsunverified$3,668,699$3,776,653$3,529,522$4,127,161$4,235,111$2,695,018
Cost of charity careunverified$1,555,777$1,512,007$1,084,455$1,400,794$1,121,962$747,143
Charges for insured patients' liabilityunverified$530,284$319,768
Operating marginunverified15.7%13.9%14.8%17.2%18.4%19.1%
Overall cost-to-charge ratiounverified31.3%31.1%29.1%28.4%27.0%26.0%
Occupancy rateunverified32.4%35.2%28.1%32.5%36.4%38.5%
Average length of stayunverified2.12.52.42.72.82.9
Uncompensated care as % of operating expenseunverified2.3%2.0%1.4%1.7%1.3%1.3%
Charity care cost-to-charge ratiounverified42.4%40.0%30.7%33.9%26.5%27.7%
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