SHERMAN OAKS HOSPITAL — financial and operating metrics

CCN 050755, SHERMAN OAKS, CA · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified112112112112112112
Total bed days availableunverified40,88040,99240,88040,88040,88040,992
Total facility dischargesunverified4,8293,8383,5193,7944,0094,318
Total facility inpatient daysunverified18,94019,35316,59318,83019,30319,605
Total patient revenue (gross charges)unverified$385,562,111$383,181,993$373,543,184$425,865,658$420,138,048$442,973,889
Contractual allowances and discountsunverified$292,443,164$287,772,005$275,673,879$332,583,876$319,145,240$330,459,462
Net patient revenueunverified$93,118,947$95,409,988$97,869,305$93,281,782$100,992,808$112,514,427
Total operating expensesunverified$92,914,996$92,696,441$90,912,304$89,588,506$96,481,307$103,529,280
Net income from service to patientsunverified$203,951$2,713,547$6,957,001$3,693,276$4,511,501$8,985,147
Net incomeunverified$681,414$6,825,913$8,044,971$5,862,286$4,877,308$10,151,953
Cost of uncompensated careunverified$3,093,982$1,749,759$1,686,981$1,736,208$1,161,098$1,479,718
Total facility bad debt expenseunverified$10,941,815$7,021,448$7,162,038$7,787,346$2,710,833$3,958,299
Charity care charges and uninsured discountsunverified$2,449,867$752,311$161,968$366,689$1,112,174$1,666,091
Cost of charity careunverified$588,824$186,119$97,832$71,484$218,608$354,432
Operating marginunverified0.2%2.8%7.1%4.0%4.5%8.0%
Overall cost-to-charge ratiounverified24.1%24.2%24.3%21.0%23.0%23.4%
Occupancy rateunverified46.3%47.2%40.6%46.1%47.2%47.8%
Average length of stayunverified3.95.04.75.04.84.5
Uncompensated care as % of operating expenseunverified3.3%1.9%1.9%1.9%1.2%1.4%
Charity care cost-to-charge ratiounverified24.0%24.7%60.4%19.5%19.7%21.3%
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