MONTEREY PARK HOSPITAL — financial and operating metrics

CCN 050736, MONTEREY PARK, 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 availableunverified101101101101101101
Total bed days availableunverified36,96636,86536,86536,86536,96636,865
Total facility dischargesunverified4,3513,6133,5773,1933,1313,269
Total facility inpatient daysunverified19,09217,51117,83316,26515,60115,165
Total patient revenue (gross charges)unverified$580,977,242$518,754,606$536,893,659$554,465,847$569,798,336$546,156,209
Contractual allowances and discountsunverified$500,770,807$425,211,875$435,345,594$446,286,768$458,558,421$433,578,509
Net patient revenueunverified$80,206,435$93,542,731$101,548,065$108,179,079$111,239,915$112,577,700
Total operating expensesunverified$86,032,482$86,611,108$87,649,166$97,982,478$109,475,649$107,956,503
Net income from service to patientsunverified$-5,826,047$6,931,623$13,898,899$10,196,601$1,764,266$4,621,197
Net incomeunverified$13,179,743$11,647,777$14,211,996$12,414,591$4,310,702$5,865,298
Cost of uncompensated careunverified$2,250,102$1,937,049$1,963,323$2,357,484$2,885,488$2,916,355
Total facility bad debt expenseunverified$8,654,576$5,379,111$6,287,006$5,102,759$10,230,937$4,114,332
Charity care charges and uninsured discountsunverified$3,517,955$2,409,297$2,022,527$6,305,485$7,732,527$11,198,505
Cost of charity careunverified$1,137,662$1,171,208$1,042,888$1,765,690$1,680,349$2,404,125
Operating marginunverified-7.3%7.4%13.7%9.4%1.6%4.1%
Overall cost-to-charge ratiounverified14.8%16.7%16.3%17.7%19.2%19.8%
Occupancy rateunverified51.6%47.5%48.4%44.1%42.2%41.1%
Average length of stayunverified4.44.85.05.15.04.6
Uncompensated care as % of operating expenseunverified2.6%2.2%2.2%2.4%2.6%2.7%
Charity care cost-to-charge ratiounverified32.3%48.6%51.6%28.0%21.7%21.5%
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