MEMORIAL HOSPITAL OF GARDENA — financial and operating metrics

CCN 050468, GARDENA, 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 availableunverified106106103103103103
Total bed days availableunverified38,79638,69037,59537,59537,69837,595
Total facility dischargesunverified5,5715,4995,6975,6285,5445,420
Total facility inpatient daysunverified25,79625,46826,53125,61526,33425,703
Total patient revenue (gross charges)unverified$716,455,854$721,634,862$751,714,818$807,083,501$821,632,194$898,046,395
Contractual allowances and discountsunverified$538,410,120$579,712,744$610,785,773$657,908,060$665,591,978$680,784,165
Net patient revenueunverified$178,045,734$141,922,118$140,929,045$149,175,441$156,040,216$217,262,230
Total operating expensesunverified$144,414,450$163,960,020$188,364,969$185,337,030$186,955,690$202,720,942
Net income from service to patientsunverified$33,631,284$-22,037,902$-47,435,924$-36,161,589$-30,915,474$14,541,288
Net incomeunverified$43,947,342$22,218,334$-3,876,101$27,386,524$19,837,246$18,742,282
Cost of uncompensated careunverified$4,047,261$3,699,142$4,276,602$4,683,585$4,986,410$3,202,631
Total facility bad debt expenseunverified$14,763,585$13,474,442$15,262,594$17,023,129$19,989,629$15,951,988
Charity care charges and uninsured discountsunverified$5,561,481$8,481,889$7,602,452$11,689,696$12,259,279$5,091,912
Cost of charity careunverified$1,027,426$1,371,496$1,376,915$1,820,718$1,817,586$699,516
Charges for insured patients' liabilityunverified$23,282
Operating marginunverified18.9%-15.5%-33.7%-24.2%-19.8%6.7%
Overall cost-to-charge ratiounverified20.2%22.7%25.1%23.0%22.8%22.6%
Occupancy rateunverified66.5%65.8%70.6%68.1%69.9%68.4%
Average length of stayunverified4.64.64.74.64.84.7
Uncompensated care as % of operating expenseunverified2.8%2.3%2.3%2.5%2.7%1.6%
Charity care cost-to-charge ratiounverified18.5%16.2%18.1%15.6%14.8%13.7%
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