MENLO PARK SURGICAL HOSPITAL — financial and operating metrics

CCN 050754, MENLO PARK, CA · Medicare cost reports, FY2017–FY2019

Short reporting period. FY2019 (211 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
211d
Total facility beds availableunverified161616
Total bed days availableunverified5,8405,8403,392
Total facility dischargesunverified231225108
Total facility inpatient daysunverified345346174
Total patient revenue (gross charges)unverified$52,410,044$54,086,273$28,151,810
Contractual allowances and discountsunverified$33,371,082$34,001,670$16,881,824
Net patient revenueunverified$19,038,962$20,084,603$11,269,986
Total operating expensesunverified$14,053,992$14,656,735$8,721,461
Net income from service to patientsunverified$4,984,970$5,427,868$2,548,525
Net incomeunverified$5,185,114$5,540,580$2,897,598
Cost of uncompensated careunverified$54,348$29,304$17,251
Total facility bad debt expenseunverified$161,703$23,787$28,075
Charity care charges and uninsured discountsunverified$33,267$71,995$19,786
Cost of charity careunverified$10,329$22,440$8,822
Operating marginunverified26.2%27.0%22.6%
Overall cost-to-charge ratiounverified26.8%27.1%31.0%
Occupancy rateunverified5.9%5.9%5.1%
Average length of stayunverified1.51.51.6
Uncompensated care as % of operating expenseunverified0.4%0.2%0.2%
Charity care cost-to-charge ratiounverified31.0%31.2%44.6%
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