MIRACLE MILE MEDICAL CENTER — financial and operating metrics

CCN 050751, 6000 SAN VICENTE BOULEVARD, CA · Medicare cost reports, FY2017–FY2019

Short reporting period. FY2019 (44 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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MetricFY2017FY2018FY2019
44d
Total facility beds availableunverified171717
Total bed days availableunverified6,2056,2052,261
Total facility dischargesunverified19519615
Total facility inpatient daysunverified22042126.0
Total patient revenue (gross charges)unverified$36,245,993$33,018,021$13,009,077
Contractual allowances and discountsunverified$28,538,325$40,185,513$10,517,253
Net patient revenueunverified$7,707,668$-7,167,492$2,491,824
Total operating expensesunverified$9,949,131$6,921,109$1,103,448
Net income from service to patientsunverified$-2,241,463$-14,088,601$1,388,376
Net incomeunverified$-1,843,712$-14,268,552$1,393,558
Operating marginunverified-29.1%196.6%55.7%
Overall cost-to-charge ratiounverified27.4%21.0%8.5%
Occupancy rateunverified3.5%6.8%1.1%
Average length of stayunverified1.12.1
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