GARFIELD MEDICAL CENTER — financial and operating metrics

CCN 050737, 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 availableunverified182182182182182182
Total bed days availableunverified66,61266,43066,43066,43066,61266,430
Total facility dischargesunverified11,1577,4097,8907,6128,7868,962
Total facility inpatient daysunverified45,19940,78142,87843,46845,38645,531
Total patient revenue (gross charges)unverified$1,549,498,079$1,466,020,493$1,577,955,616$1,518,388,660$1,667,605,241$1,719,646,830
Contractual allowances and discountsunverified$1,363,828,280$1,180,373,477$1,276,280,839$1,335,437,815$1,481,856,251$1,521,491,387
Net patient revenueunverified$185,669,799$285,647,016$301,674,777$182,950,845$185,748,990$198,155,443
Total operating expensesunverified$286,136,118$290,983,101$300,233,462$313,555,542$324,888,668$305,993,585
Net income from service to patientsunverified$-100,466,319$-5,336,085$1,441,315$-130,604,697$-139,139,678$-107,838,142
Net incomeunverified$10,112,426$-1,054,165$3,222,322$-2,517,857$-17,632,190$2,055,267
Cost of uncompensated careunverified$4,657,925$4,268,081$4,004,722$4,124,011$4,824,308$7,145,726
Total facility bad debt expenseunverified$9,631,661$8,637,274$10,614,542$8,214,865$10,594,150$7,300,354
Charity care charges and uninsured discountsunverified$7,379,263$7,118,378$5,488,825$6,273,221$10,713,045$27,241,301
Cost of charity careunverified$3,033,430$2,949,734$2,576,639$2,837,644$3,499,708$6,259,133
Charges for insured patients' liabilityunverified$4,813,621
Operating marginunverified-54.1%-1.9%0.5%-71.4%-74.9%-54.4%
Overall cost-to-charge ratiounverified18.5%19.8%19.0%20.7%19.5%17.8%
Occupancy rateunverified67.9%61.4%64.5%65.4%68.1%68.5%
Average length of stayunverified4.15.55.45.75.25.1
Uncompensated care as % of operating expenseunverified1.6%1.5%1.3%1.3%1.5%2.3%
Charity care cost-to-charge ratiounverified41.1%41.4%46.9%45.2%32.7%23.0%
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