SOUTHERN MONTEREY COUNTY MEMORIAL HOSPITAL — financial and operating metrics

CCN 051336, KING CITY, CA · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2020 (97 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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MetricFY2020
97d
FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified131313131313
Total bed days availableunverified1,2744,7454,7454,7454,7584,745
Total facility dischargesunverified135388415442369389
Total facility inpatient daysunverified3901,1992,1182,4951,7602,426
Total patient revenue (gross charges)unverified$44,878,357$178,201,020$188,168,948$210,883,319$221,722,523$234,583,054
Contractual allowances and discountsunverified$35,997,794$105,632,423$120,604,760$142,802,471$153,602,265$156,998,130
Net patient revenueunverified$8,880,563$72,568,597$67,564,188$68,080,848$68,120,258$77,584,924
Total operating expensesunverified$18,596,800$60,686,891$65,336,497$68,282,391$72,604,335$73,252,909
Net income from service to patientsunverified$-9,716,237$11,881,706$2,227,691$-201,543$-4,484,077$4,332,015
Net incomeunverified$-8,311,408$21,501,606$19,750,066$3,959,549$-143,052$6,974,030
Cost of uncompensated careunverified$94,604$1,573,000$1,109,838$1,225,568$1,195,011$2,054,986
Total facility bad debt expenseunverified$207,569$4,805,386$2,909,413$2,971,347$3,137,808$3,972,251
Charity care charges and uninsured discountsunverified$60,339$43,948$254,255$305,644$192,875$1,398,285
Cost of charity careunverified$21,945$24,338$131,712$257,925$150,142$738,180
Operating marginunverified-109.4%16.4%3.3%-0.3%-6.6%5.6%
Overall cost-to-charge ratiounverified41.4%34.1%34.7%32.4%32.7%31.2%
Occupancy rateunverified30.6%25.3%44.6%52.6%37.0%51.1%
Average length of stayunverified2.93.15.15.64.86.2
Uncompensated care as % of operating expenseunverified0.5%2.6%1.7%1.8%1.6%2.8%
Charity care cost-to-charge ratiounverified36.4%55.4%51.8%84.4%77.8%52.8%
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