As of the July, 2022, release via CMS

LAC OLIVE VIEW/UCLA MEDICAL CENTER

CMS id: 050040
14445 OLIVE VIEW DR, SYLMAR CA 91342. County: LOS ANGELES
System: L.A COUNTY DEPT. OF HEALTH SERV ADMI
CBSA: Los Angeles-Long Beach-Anaheim, CA

The 288-bed, acute-care hospital had $-129,992,743 in net service to patients*, with a total profit margin of -27.95550% in fiscal year 2021, the latest year available.
It spent 14.12% of its operating expenses on uncompensated care and reported $211,425,996 in Medicaid shortfall.

* For more about Net Service to Patients and operating revenue, please the finance section below.

Note: Medians are from acute-care hospitals with "complete" fiscal years. For more about how we calculated medians and cost reports in general, please click here.

Details

	2017	2018	2019	2020	2021
# of days in fyear	365	365	365	366	365
Ownership	gov	gov	gov	gov	gov
Acute beds Median	204 118	209 118	194 119.5	193 118	206 119
Total beds Median	270 162	275 162	276 162	275 162	288 163.5
FTEs Median	2,706.14 788.06	2,523.27 793.42	2,630.00 806.03	2,639.92 787.61	2,642.00 804.34

Finances As they appear in worksheet G3 of the cost reports.

Note: Net Patient Revenue is considered operating revenue, which means Net Service to Patients is considered operating profit. Click here for more about cost report financials

Hospital cost reports are an enormously complicated dataset. There are whole organizations and an offical CMS vendor dedicated to helping researchers work with the data.
It's important to understand that hospital financials in cost reports are not organized in the same as other sources such as annual financial reports to bond holders.

The biggest difference is the concept of operating revenue and profit. Net Service to patients (NS2P), which is the sum of net patient revenue minus operating expenses, is considered the equivalent of operating profit according to the Medicaid and CHIP Payment and Access Commission (MACPAC). See the last paragraph of "Primary Data Sources" on page 55 of Annual Analysis of Disproportionate Share Hospital Allotments to States (PDF).

That would make Net Patient Revenue = operating revenue.

All this makes things challenging when comparing what's reported in cost reports to other sources. It becomes clearer when you consider that, beyond the purpose of reimbursement, cost reports are a tool for policymakers trying to understand the financial situation of a hospital doing the tasks specific to hospitals.

In other words, while a facility with a division that formulates drugs might include earnings from that as operating revenue in their corporate annual result, this is not central to the operations of a hospital caring for patients and so it is counted as "other income." (See below the financials section for more on "other income")

The healthcare consulting firm HMP, in a former partnership with Modern Healthcare, did develop a formula for estimating operating revenue closer to what one might find in other sources. We no longer use this for the following reasons:

The measure was not widely used beyond HMP and Modern Healthcare. Many hospitals had their own internal estimates of operating revenue and profit.
Because of this, there was confusion when reporting operating results for individual hospitals. There was often pushback when a facility's internal numbers did not match what Modern Healthcare was reporting.
The formula includes revenue from portions of the "other income" section, which may also include non-operating revenue. HMP themselves point out in a caveat on their site that they cannot exclude all non-operating revenue from their measure.

HMP's operating measure has proven problematic in the past for our reporting and the partnership with them ended years ago. It's best to not use a measure that we alone cannot defend.

	2017	2018	2019	2020	2021
Net patient revenue ? Median	280,978,304 150,932,746	280,978,304 158,950,878	527,859,000 168,696,998	548,382,000 163,454,693	620,600,741 186,589,412
Operating expenses Median	803,939,262 149,311,209	909,478,448 156,110,414	636,640,221 164,890,568	598,654,366 166,516,854	750,593,484 180,120,888
Net income from service 2 patients (NS2P) ? Median	-522,960,958 -964,173	-628,500,144 -643,601.5	-108,781,221 -116,254	-50,272,366 -5,025,862	-129,992,743 -1,284,564
NS2P margin ? Median	-186.12% -0.62	-223.68% -0.29	-20.61% 0.18	-9.17% -5.07	-20.95% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for LAC OLIVE VIEW/UCLA MEDICAL CENTER compared to all** acute-care hospitals, from CMS cost reports.
Note: NS2P is considered operating margin by MACPAC. The chart below is interactive: click or touch to see more.

* Data range does not show outliers, which fall beyond the minimum and maximum of the range.
** From cost reports with complete fiscal years. Number of acute-care hospitals available to calculate medians:

2017	2018	2019	2020	2021
3,157	3,092	3,050	3,052	2,566

	2017	2018	2019	2020	2021
Other income* Median Click here to show/hide details	518,609,967 5,089,215	519,151,795 4,572,541	65,094,000 5,268,134	30,064,000 13,092,619	95,565,308 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	743,000 370,813	1,001,000 309,361.5	0 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	0	0	0	0	0
⊳ Line 11: Rebates and refunds of expenses	439,299	1,021,296	0	0	0
⊳ Line 12: Parking lot receipts	0	0	0	0	0
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	0	0	0	0	0
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	0
⊳ Line 16: Revenue from sale of medical and surgical supplies	136,500	123,747	0	0	0
⊳ Line 17: Revenue from sale of drugs to other than patients	125,659	85,953	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	45,025	40,341	0	0	0
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	0
⊳ Line 21: Rental of vending machines	0	0	0	0	0
⊳ Line 22: Rental of hospital space	526,624	543,598	0	0	0
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	0 1,173,286	0 1,987,202	0 1,597,664
⊳ Sum Line 24	517,336,860	517,336,860	64,351,000	29,063,000	95,565,308
Total income ? Median	-4,350,991 6,586,430	-109,348,349 6,767,106	-43,687,221 8,419,950	-20,208,366 8,094,175	-34,427,435 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	278,997,000 89,880.5	145,748,000 106,761	165,780,383 31,473.5
Net income Median	-4,350,991 6,043,842	-109,348,349 5,845,112	-322,684,221 7,606,259	-165,956,366 7,283,041	-200,207,818 14,957,241
Net margin Median	-0.54415% 4.62%	-13.66632% 4.42%	-54.41986% 5.16%	-28.69004% 5.2%	-27.95550% 9.25%

* About "Other income": Other income, or line 25 in worksheet G3, is the sum of lines 6 through 24. It includes three lines that are considered non-operating revenue - contributions, investments and government appropriations. Medians are included for these three lines. It also contains items that are not central to providing healthcare, such as revenue from parking or gift shops.
"Sum Line 24" is a special case. Called "Other (specify)" in the cost reports, CMS allows for this line to be "subscripted," or divided into sublines like 002400, 002401, 002402. And hospitals do that, up to 100 lines, to detail income (and sometimes negative returns) that are otherwise not covered in the previous "other" lines. Therefore, "Sum Line 24" is the sum of all the lines 24.

Range* of total profit (loss) margins

= Total margin for LAC OLIVE VIEW/UCLA MEDICAL CENTER compared to all** acute-care hospitals, from CMS cost reports.
The chart below is interactive: click or touch to see more.

2017	2018	2019	2020	2021
3,157	3,092	3,050	3,052	2,566

Medicare revenue

Inpatient and outpatient revenue

	2017	2018	2019	2020	2021
All inpatient revenue Median Click here to show/hide details	26,158,680 23,241,334	29,027,395 23,709,545	27,396,052 24,248,380	31,570,647 22,858,541	41,215,790 23,620,613
"All inpatient revenue" is made up of any Medicare payments for routine inpatient, swingbed SNFs, TEFRA, IPF, IRF, inpatient long-term care, CAH and inpatient SNF facilities. Medians are only calculated when there are sufficient facilities reporting revenue.
⊳ Routine inpatient revenue ⊳ Median	24,390,791 21,577,146	27,135,831 22,041,594	25,094,287 22,722,063	29,431,720 21,570,441	37,863,305 22,140,684
⊳ Swingbeds ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Tax Equity and Fiscal Responsibility Act payments (TEFRA) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Inpatient psychiatric facility (IPF) ⊳ Median	1,767,889 1,845,420	1,891,564 1,757,392	2,301,765 1,738,842	2,138,927 1,510,463	3,352,485 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	0 3,535,627	0 3,746,588	0 3,782,288	0 3,865,578	0 3,983,889
⊳ Long-term care hospital (LTCH) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Critical-access hospitals ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Skilled-nursing facilities (SNF) ⊳ Median	0 1,203,033	0 1,215,295	0 1,313,657	0 1,365,298	0 1,179,746
All outpatient revenue Median Click here to show/hide details	6,796,251 11,160,864	8,395,371 11,987,345	11,640,704 12,926,866	10,931,728 11,884,480	11,043,707 13,145,163
"All outpatient revenue" is made up of any payments for routine outpatient, HHA, CMHC, rural health and other federally-qualified health clinics. Medians are only calculated when there are sufficient facilities reporting revenue.
⊳ Routine outpatient revenue ⊳ Median	6,796,251 10,918,923	8,395,371 11,706,976	11,640,704 12,615,917	10,931,728 11,458,116	11,043,707 12,776,716
⊳ Home Health agencies (HHA) ⊳ Median	0 1,282,808	0 1,407,728	0 1,341,512	0 1,407,046	0 1,476,867
⊳ Community mental health clinics (CMHC) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Rural health clinics ⊳ Median	0 618,038	0 697,279	0 690,232	0 684,010	0 670,558
⊳ Other federally qualified health clinics ⊳ Median	0 --	0 --	0 --	0 --	0 --

Other payments

Item	2017	2018	2019	2020	2021
Graduate Medical Education (GME) Median	5,067,770 3,284,314	5,606,984 3,250,551	4,647,470 3,386,837	5,107,675 3,360,806	6,332,250 3,508,953
Disproportionate-share hospital (DSH) Median	1,522,075 594,888	1,650,836 595,761	1,339,430 577,894	1,590,215 542,168	2,120,609 549,667
Outlier Median	1,748,305 582,572	1,611,483 538,116	1,524,360 212,434	583,095 126,559	998,748 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	148,142,846 3,662,910	76,545,322 3,730,911	162,405,943 4,081,319	163,481,697 4,643,908	211,425,996 4,389,147
Charity care Median	41,503,380 2,654,636	48,033,234 2,940,659	60,328,286 3,380,215	82,706,883 3,488,738	94,246,231 3,233,405
Uncompensated care (UCC) Median	42,168,024 5,147,790	56,605,310 5,337,617	69,677,023 5,711,082	92,982,406 5,923,418	105,970,674 5,508,107
UCC as a % of operating expenses Median	5.25% 3.24	6.22% 3.12	10.94% 3.21	15.53% 3.3	14.12% 2.86
Total shortfall/UCC Median	190,310,870 9,489,989	133,150,632 9,424,297	232,082,966 10,120,158	256,464,103 11,171,337	317,396,670 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	273,572,662 52,142,039	289,052,541 54,485,252	252,086,080 57,395,589	273,180,742 58,830,919	284,593,547 61,722,907
Salaries as a % of operating expenses Median	34.89 36.68	32.53 36.56	37.92 36.37	33.45 35.93	33.05 35.24
Intern, resident salaries* Median	225,254 2,598,592	226,164 2,686,824	253,533 2,753,773	235,407 2,937,156	252,986 2,909,848
Contract intern, resident salaries* Median	15,919,100 1,251,927	16,121,938 1,186,494	17,395,500 1,204,885	17,512,500 1,279,653	20,799,500 1,469,317
Contract adjusted salaries, direct-care Median	23,909,818 1,449,244	24,242,683 1,475,986	24,481,032 1,563,078	27,714,153 1,721,954	41,572,485 2,991,828
Contract hours, direct-care Median	640,460.00 22,725	643,790.00 23,018.5	614,281.00 24,503.48	668,701.00 25,026.5	769,910.00 33,786
Contract wages, direct-care Median	37.33 64.67	37.66 64.53	39.85 65.06	41.44 68.97	54.00 88.94

* in an approved program

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Cost reports are self-reported by the facility, are subject to revision and should be considered preliminary.

* Net Service to patients (NS2P) equals net patient revenue minus operating expenses. NS2P is considered the equivalent of operating profit according to the Medicaid and CHIP Payment and Access Commission (MACPAC). See the last paragraph of "Primary Data Sources" on page 55 of Annual Analysis of Disproportionate Share Hospital Allotments to States (PDF).

About medians

Medians are calculated from reports with "complete" fiscal years, or reports with fiscal years of at least 300 days and no more than 420 days.

In cases where there are fewer than 50 values reported, medians are not calculated. For childrens' hospitals, it's when fewer than 20 are reported.

Web app by Tim Broderick | email.