KECK HOSPITAL OF USC — financial and operating metrics

CCN 050696, LOS ANGELES, CA · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2021 (272 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2020FY2021
272d
FY2022FY2023FY2024FY2025
Total facility beds availableunverified301301301314326307
Total bed days availableunverified27,69282,173109,865114,610119,316112,055
Total facility dischargesunverified2,6437,99110,75211,42611,96712,230
Total facility inpatient daysunverified19,09159,67480,43082,37986,27585,059
Total patient revenue (gross charges)unverified$1,045,113,146$3,190,264,448$4,376,267,955$4,756,053,805$5,013,681,461$5,300,177,427
Contractual allowances and discountsunverified$735,605,832$2,268,402,603$3,267,108,942$3,358,038,746$3,536,615,748$3,824,088,505
Net patient revenueunverified$309,507,314$921,861,845$1,109,159,013$1,398,015,059$1,477,065,713$1,476,088,922
Total operating expensesunverified$366,712,959$1,074,483,083$1,340,397,368$1,477,760,022$1,654,751,875$1,777,593,581
Net income from service to patientsunverified$-57,205,645$-152,621,238$-231,238,355$-79,744,963$-177,686,162$-301,504,659
Net incomeunverified$-26,845,280$-59,929,442$-84,266,246$42,040,501$-28,240,315$-121,162,132
Cost of uncompensated careunverified$1,347,418$4,160,417$5,514,114$4,368,731$6,261,141$5,417,160
Total facility bad debt expenseunverified$1,418,710$2,709,355$4,230,661$3,665,970$3,165,592$4,755,112
Charity care charges and uninsured discountsunverified$4,079,386$9,565,021$9,565,045$9,683,995$9,944,054$8,683,144
Cost of charity careunverified$912,495$3,360,268$4,250,258$3,283,918$5,272,322$3,938,255
Charges for insured patients' liabilityunverified$1,228,939$518,583
Operating marginunverified-18.5%-16.6%-20.8%-5.7%-12.0%-20.4%
Overall cost-to-charge ratiounverified35.1%33.7%30.6%31.1%33.0%33.5%
Occupancy rateunverified68.9%72.6%73.2%71.9%72.3%75.9%
Average length of stayunverified7.27.57.57.27.27.0
Uncompensated care as % of operating expenseunverified0.4%0.4%0.4%0.3%0.4%0.3%
Charity care cost-to-charge ratiounverified22.4%35.1%44.4%33.9%53.0%45.4%
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