PALO VERDE HOSPITAL — financial and operating metrics

CCN 050423, BLYTHE, CA · Medicare cost reports, FY2018–FY2023

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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MetricFY2018FY2019FY2020FY2021FY2022FY2023
Total facility beds availableunverified515151172019
Total bed days availableunverified18,61518,61518,6666,2057,3006,935
Total facility dischargesunverified983832696396363279
Total facility inpatient daysunverified2,5082,6332,4331,5161,229959
Total patient revenue (gross charges)unverified$65,855,000$63,670,896$67,650,165$58,585,348$58,575,398$55,150,018
Contractual allowances and discountsunverified$48,963,323$43,461,379$49,445,238$42,249,235$46,228,578$30,913,360
Net patient revenueunverified$16,891,677$20,209,517$18,204,927$16,336,113$12,346,820$24,236,658
Total operating expensesunverified$20,057,963$20,256,141$19,941,991$19,950,284$21,400,738$20,168,776
Net income from service to patientsunverified$-3,166,286$-46,624$-1,737,064$-3,614,171$-9,053,918$4,067,882
Net incomeunverified$572,690$3,029,759$-158,725$3,056,124$-5,007,002$6,881,538
Cost of uncompensated careunverified$542,787$122,226$8,755$33,413$90,428$575,947
Total facility bad debt expenseunverified$2,031,948$464,664$117,672$1,828,890
Charity care charges and uninsured discountsunverified$56,795$34,166$111,397$108,998
Cost of charity careunverified$14,759$8,755$33,413$51,923
Operating marginunverified-18.7%-0.2%-9.5%-22.1%-73.3%16.8%
Overall cost-to-charge ratiounverified30.5%31.8%29.5%34.1%36.5%36.6%
Occupancy rateunverified13.5%14.1%13.0%24.4%16.8%13.8%
Average length of stayunverified2.63.23.53.83.43.4
Uncompensated care as % of operating expenseunverified2.7%0.6%0.0%0.2%0.4%2.9%
Charity care cost-to-charge ratiounverified26.0%25.6%30.0%47.6%
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