COLLEGE MEDICAL CENTER — financial and operating metrics

CCN 050776, LONG BEACH, 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 availableunverified221221221221221220
Total bed days availableunverified80,66580,88680,66580,66580,66580,520
Total facility dischargesunverified8,8418,1935,3468,1488,0927,922
Total facility inpatient daysunverified65,94161,97557,32358,23160,62361,657
Total patient revenue (gross charges)unverified$300,478,453$266,565,523$262,219,016$274,663,554$273,383,639$271,696,098
Contractual allowances and discountsunverified$161,969,429$125,841,113$80,563,356$115,013,158$108,136,820$83,769,139
Net patient revenueunverified$138,509,024$140,724,410$181,655,660$159,650,396$165,246,819$187,926,959
Total operating expensesunverified$129,199,943$145,309,288$149,286,953$165,392,422$178,984,608$190,270,655
Net income from service to patientsunverified$9,309,081$-4,584,878$32,368,707$-5,742,026$-13,737,789$-2,343,696
Net incomeunverified$15,224,342$15,938,769$65,982,488$13,340,888$1,499,192$13,209,825
Cost of uncompensated careunverified$3,262,803$4,346,422$3,987,601$2,776,762$5,421,155$3,302,005
Total facility bad debt expenseunverified$6,670,033$6,051,330$3,921,140$3,133,677$3,040,412$1,808,426
Charity care charges and uninsured discountsunverified$2,905,635$6,760,558$5,217,680$3,444,252$9,196,473$4,531,476
Cost of charity careunverified$1,229,546$2,288,574$2,614,472$1,626,225$4,188,039$2,611,043
Charges for insured patients' liabilityunverified$6,675,439
Operating marginunverified6.7%-3.3%17.8%-3.6%-8.3%-1.2%
Overall cost-to-charge ratiounverified43.0%54.5%56.9%60.2%65.5%70.0%
Occupancy rateunverified81.7%76.6%71.1%72.2%75.2%76.6%
Average length of stayunverified7.57.610.77.17.57.8
Uncompensated care as % of operating expenseunverified2.5%3.0%2.7%1.7%3.0%1.7%
Charity care cost-to-charge ratiounverified42.3%33.9%50.1%47.2%45.5%57.6%
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