HOAG ORTHOPEDIC INSTITUTE — financial and operating metrics

CCN 050769, IRVINE, 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 availableunverified707070707070
Total bed days availableunverified25,62025,55025,55025,55025,62025,550
Total facility dischargesunverified2,7262,0111,9641,8821,7781,738
Total facility inpatient daysunverified5,1934,7444,5234,4003,9753,967
Total patient revenue (gross charges)unverified$441,082,285$494,824,312$553,093,971$572,440,555$535,876,234$574,660,100
Contractual allowances and discountsunverified$311,299,837$350,932,164$402,270,261$416,133,516$382,379,652$416,154,562
Net patient revenueunverified$129,782,448$143,892,148$150,823,710$156,307,039$153,496,582$158,505,538
Total operating expensesunverified$94,451,403$103,830,076$103,892,306$115,832,768$111,898,014$115,929,493
Net income from service to patientsunverified$35,331,045$40,062,072$46,931,404$40,474,271$41,598,568$42,576,045
Net incomeunverified$38,302,073$40,274,631$47,875,278$43,719,009$45,079,050$45,541,790
Cost of uncompensated careunverified$546,208$423,083$310,496$310,240$459,580$241,475
Total facility bad debt expenseunverified$1,241,147$878,928$285,223$440,545$256,852$487,719
Charity care charges and uninsured discountsunverified$489,926$323,200$406,767$647,006$1,664,496$376,720
Cost of charity careunverified$296,936$255,363$252,415$217,691$393,979$138,809
Charges for insured patients' liabilityunverified$202,103$823,193$187,419
Operating marginunverified27.2%27.8%31.1%25.9%27.1%26.9%
Overall cost-to-charge ratiounverified21.4%21.0%18.8%20.2%20.9%20.2%
Occupancy rateunverified20.3%18.6%17.7%17.2%15.5%15.5%
Average length of stayunverified1.92.42.32.32.22.3
Uncompensated care as % of operating expenseunverified0.6%0.4%0.3%0.3%0.4%0.2%
Charity care cost-to-charge ratiounverified60.6%79.0%62.1%33.6%23.7%36.8%
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