L A DOWNTOWN MEDICAL CENTER — financial and operating metrics

CCN 050763, LOS ANGELES, 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 availableunverified234234234315315282
Total bed days availableunverified71,60485,64485,410114,975114,975103,212
Total facility dischargesunverified5,2357,0137,2857,2046,4746,575
Total facility inpatient daysunverified45,24662,66569,77065,85656,85865,340
Total patient revenue (gross charges)unverified$214,775,484$346,079,712$383,408,270$353,945,448$327,648,256$343,086,524
Contractual allowances and discountsunverified$146,691,203$264,853,993$295,908,228$234,092,142$241,503,798$225,941,714
Net patient revenueunverified$68,084,281$81,225,719$87,500,042$119,853,306$86,144,458$117,144,810
Total operating expensesunverified$69,606,204$92,169,680$95,114,856$139,930,047$91,909,471$97,520,120
Net income from service to patientsunverified$-1,521,923$-10,943,961$-7,614,814$-20,076,741$-5,765,013$19,624,690
Net incomeunverified$163,913$1,313,998$7,516,858$-18,388,015$-2,696,502$20,598,357
Cost of uncompensated careunverified$201,398$2,186,742$3,091,831$2,326,776$5,931,812$4,794,820
Total facility bad debt expenseunverified$575,421$850,830$2,359,648$2,514,919$4,868,825$2,626,590
Charity care charges and uninsured discountsunverified$3,054,943$2,691,611$2,175,093$15,545,961$8,817,463
Cost of charity careunverified$1,933,871$2,338,874$1,434,094$4,652,669$3,966,262
Charges for insured patients' liabilityunverified$14,371,190
Operating marginunverified-2.2%-13.5%-8.7%-16.8%-6.7%16.8%
Overall cost-to-charge ratiounverified32.4%26.6%24.8%39.5%28.1%28.4%
Occupancy rateunverified63.2%73.2%81.7%57.3%49.5%63.3%
Average length of stayunverified8.68.99.69.18.89.9
Uncompensated care as % of operating expenseunverified0.3%2.4%3.3%1.7%6.5%4.9%
Charity care cost-to-charge ratiounverified63.3%86.9%65.9%29.9%45.0%
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