MEMORIALCARE LONG BEACH MEDICAL CENTER — financial and operating metrics

CCN 050485, LONG 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 availableunverified369369369369369369
Total bed days availableunverified150,426150,015150,015150,015150,426150,015
Total facility dischargesunverified19,21417,25616,08515,26216,64517,492
Total facility inpatient daysunverified93,11193,64891,98496,98097,356100,967
Total patient revenue (gross charges)unverified$2,993,691,455$3,782,685,389$3,965,765,868$4,165,121,678$4,628,020,651$4,904,637,148
Contractual allowances and discountsunverified$2,268,718,476$3,062,331,856$3,241,783,604$3,491,556,612$3,849,800,510$4,080,429,340
Net patient revenueunverified$724,972,979$720,353,533$723,982,264$673,565,066$778,220,141$824,207,808
Total operating expensesunverified$710,899,693$710,722,960$724,558,751$790,135,411$823,381,804$869,046,454
Net income from service to patientsunverified$14,073,286$9,630,573$-576,487$-116,570,345$-45,161,663$-44,838,646
Net incomeunverified$47,556,529$76,582,773$49,124,679$-34,659,855$41,106,840$20,039,190
Cost of uncompensated careunverified$12,349,240$8,386,670$7,156,714$18,319,538$11,274,350$12,366,599
Total facility bad debt expenseunverified$8,854,044$8,323,407$7,367,705$5,592,048$6,037,474$11,324,468
Charity care charges and uninsured discountsunverified$35,351,967$36,482,435$28,986,061$34,220,827$39,113,520$47,343,869
Cost of charity careunverified$10,490,780$6,787,858$5,727,894$17,087,329$10,019,063$10,096,388
Charges for insured patients' liabilityunverified$3,669,642
Operating marginunverified1.9%1.3%-0.1%-17.3%-5.8%-5.4%
Overall cost-to-charge ratiounverified23.7%18.8%18.3%19.0%17.8%17.7%
Occupancy rateunverified61.9%62.4%61.3%64.6%64.7%67.3%
Average length of stayunverified4.85.45.76.45.85.8
Uncompensated care as % of operating expenseunverified1.7%1.2%1.0%2.3%1.4%1.4%
Charity care cost-to-charge ratiounverified29.7%18.6%19.8%49.9%25.6%21.3%
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