CCN 050541, REDWOOD CITY, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 149 | 140 | 140 | 144 | 153 | 153 |
| Total bed days availableunverified | 54,534 | 51,100 | 51,100 | 52,560 | 55,998 | 55,845 |
| Total facility dischargesunverified | 7,531 | 8,005 | 7,835 | 7,760 | 7,588 | 8,195 |
| Total facility inpatient daysunverified | 27,532 | 29,562 | 29,125 | 29,008 | 27,343 | 29,169 |
| Total patient revenue (gross charges)unverified | — | $1,131,577,728 | $1,239,257,720 | $1,369,942,602 | $1,495,814,693 | $1,646,797,436 |
| Contractual allowances and discountsunverified | — | $763,912,813 | $859,569,210 | $970,320,348 | $1,049,499,652 | $1,175,749,438 |
| Net patient revenueunverified | — | $367,664,915 | $379,688,510 | $399,622,254 | $446,315,041 | $471,047,998 |
| Total operating expensesunverified | — | $399,088,836 | $396,788,696 | $392,137,119 | $423,014,903 | $439,827,934 |
| Net income from service to patientsunverified | — | $-31,423,921 | $-17,100,186 | $7,485,135 | $23,300,138 | $31,220,064 |
| Net incomeunverified | $1 | $-28,116,765 | $-12,565,724 | $11,686,154 | $31,185,175 | $34,363,016 |
| Cost of uncompensated careunverified | $5,380,007 | $3,553,011 | $4,556,277 | $6,541,648 | $6,451,047 | $7,441,973 |
| Total facility bad debt expenseunverified | $3,259,567 | $2,292,808 | $2,898,890 | $2,504,014 | $532,060 | $423,071 |
| Charity care charges and uninsured discountsunverified | $5,866,997 | $4,003,285 | $4,926,149 | $10,012,964 | $7,614,080 | $10,423,482 |
| Cost of charity careunverified | $4,093,423 | $2,870,135 | $3,726,374 | $5,892,690 | $6,317,361 | $7,333,671 |
| Charges for insured patients' liabilityunverified | — | — | — | — | — | $537,425 |
| Operating marginunverified | — | -8.5% | -4.5% | 1.9% | 5.2% | 6.6% |
| Overall cost-to-charge ratiounverified | — | 35.3% | 32.0% | 28.6% | 28.3% | 26.7% |
| Occupancy rateunverified | 50.5% | 57.9% | 57.0% | 55.2% | 48.8% | 52.2% |
| Average length of stayunverified | 3.7 | 3.7 | 3.7 | 3.7 | 3.6 | 3.6 |
| Uncompensated care as % of operating expenseunverified | — | 0.9% | 1.1% | 1.7% | 1.5% | 1.7% |
| Charity care cost-to-charge ratiounverified | 69.8% | 71.7% | 75.6% | 58.9% | 83.0% | 70.4% |