SANTA BARBARA COTTAGE HOSPITAL — financial and operating metrics

CCN 050396, SANTA BARBARA, CA · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified342369371371362362
Total bed days availableunverified124,830135,054135,415135,415132,130132,492
Total facility dischargesunverified17,93715,88316,44416,78418,01718,694
Total facility inpatient daysunverified84,33875,71884,50485,59886,53991,763
Total patient revenue (gross charges)unverified$2,092,316,154$2,035,909,451$2,292,579,003$2,387,446,425$2,632,159,133$2,886,635,882
Contractual allowances and discountsunverified$1,333,411,451$1,313,956,707$1,520,556,306$1,609,517,526$1,790,879,721$1,957,158,957
Net patient revenueunverified$758,904,703$721,952,744$772,022,697$777,928,899$841,279,412$929,476,925
Total operating expensesunverified$709,004,814$753,978,243$797,019,418$825,800,713$878,926,372$943,680,157
Net income from service to patientsunverified$49,899,889$-32,025,499$-24,996,721$-47,871,814$-37,646,960$-14,203,232
Net incomeunverified$158,134,720$54,851,970$103,583,000$-78,958,979$105,338,615$144,423,272
Cost of uncompensated careunverified$13,510,017$11,279,837$9,187,284$8,667,448$10,407,002$7,305,636
Total facility bad debt expenseunverified$6,520,260$7,479,409$7,049,136$4,140,736$4,131,830$3,711,000
Charity care charges and uninsured discountsunverified$34,112,001$23,295,704$20,510,640$22,286,261$27,830,537$19,329,344
Cost of charity careunverified$11,638,618$9,077,279$7,166,532$7,435,136$9,208,203$6,174,836
Charges for insured patients' liabilityunverified$3,134,134
Operating marginunverified6.6%-4.4%-3.2%-6.2%-4.5%-1.5%
Overall cost-to-charge ratiounverified33.9%37.0%34.8%34.6%33.4%32.7%
Occupancy rateunverified67.6%56.1%62.4%63.2%65.5%69.3%
Average length of stayunverified4.74.85.15.14.84.9
Uncompensated care as % of operating expenseunverified1.9%1.5%1.2%1.0%1.2%0.8%
Charity care cost-to-charge ratiounverified34.1%39.0%34.9%33.4%33.1%31.9%
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