As of the July, 2022, release via CMS

SO CALIF HOSPITAL AT HOLLYWOOD

CMS id: 050135
6245 DELONGPRE AVE, HOLLYWOOD CA 90028. County: LOS ANGELES
System: ALTA HOSPITALS SYSTEM LLC
CBSA: Los Angeles-Long Beach-Anaheim, CA

The 612-bed, acute-care hospital had $6,614,659 in net service to patients*, with a total profit margin of 12.05106% in fiscal year 2020, the latest year available.
It spent 1.48% of its operating expenses on uncompensated care and reported $0 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	--
Ownership	forprofit	forprofit	forprofit	forprofit	--
Acute beds Median	428 118	531 118	531 119.5	531 118	-- 119
Total beds Median	612 162	612 162	612 162	612 162	-- 163.5
FTEs Median	1,371.00 788.06	1,553.00 793.42	1,346.00 806.03	1,271.00 787.61	-- 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	292,421,461 150,932,746	289,602,268 158,950,878	289,973,898 168,696,998	331,127,908 163,454,693	-- 186,589,412
Operating expenses Median	291,464,225 149,311,209	279,467,073 156,110,414	270,901,083 164,890,568	324,513,249 166,516,854	-- 180,120,888
Net income from service 2 patients (NS2P) ? Median	957,236 -964,173	10,135,195 -643,601.5	19,072,815 -116,254	6,614,659 -5,025,862	-- -1,284,564
NS2P margin ? Median	0.33% -0.62	3.50% -0.29	6.58% 0.18	2.00% -5.07	--% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for SO CALIF HOSPITAL AT HOLLYWOOD 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	26,197,118 5,089,215	26,106,919 4,572,541	24,215,759 5,268,134	37,851,235 13,092,619	-- 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	0 194,343	-- 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	0 370,813	0 309,361.5	-- 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	-139	0	0	0	--
⊳ Line 11: Rebates and refunds of expenses	0	8,858	420	5,048	--
⊳ Line 12: Parking lot receipts	0	0	0	0	--
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	--
⊳ Line 14: Revenue from meals sold to emplyees and guests	52,709	57,377	60,557	385,736	--
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	--
⊳ Line 16: Revenue from sale of medical and surgical supplies	0	0	0	0	--
⊳ Line 17: Revenue from sale of drugs to other than patients	0	0	0	0	--
⊳ Line 18: Revenue from sale of medical records and abstracts	36,824	36,783	35,720	44,778	--
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	--
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	--
⊳ Line 21: Rental of vending machines	0	0	0	0	--
⊳ Line 22: Rental of hospital space	112,087	120,669	87,866	49,222	--
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	0 1,173,286	0 1,987,202	-- 1,597,664
⊳ Sum Line 24	25,995,637	25,883,232	24,031,196	37,366,451	--
Total income ? Median	27,154,354 6,586,430	36,242,114 6,767,106	43,288,574 8,419,950	44,465,894 8,094,175	-- 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	0 89,880.5	0 106,761	-- 31,473.5
Net income Median	27,154,354 6,043,842	36,242,114 5,845,112	43,288,574 7,606,259	44,465,894 7,283,041	-- 14,957,241
Net margin Median	8.52253% 4.62%	11.47959% 4.42%	13.77785% 5.16%	12.05106% 5.2%	--% 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 SO CALIF HOSPITAL AT HOLLYWOOD 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	74,266,811 23,241,334	75,746,654 23,709,545	79,557,190 24,248,380	73,870,600 22,858,541	-- 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	65,168,216 21,577,146	70,911,132 22,041,594	72,991,504 22,722,063	67,264,870 21,570,441	-- 22,140,684
⊳ Swingbeds ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Tax Equity and Fiscal Responsibility Act payments (TEFRA) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Inpatient psychiatric facility (IPF) ⊳ Median	5,165,686 1,845,420	0 1,757,392	0 1,738,842	0 1,510,463	-- 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	3,730,170 3,535,627	4,758,862 3,746,588	6,373,588 3,782,288	6,536,963 3,865,578	-- 3,983,889
⊳ Long-term care hospital (LTCH) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Critical-access hospitals ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Skilled-nursing facilities (SNF) ⊳ Median	202,739 1,203,033	76,660 1,215,295	192,098 1,313,657	68,767 1,365,298	-- 1,179,746
All outpatient revenue Median Click here to show/hide details	7,130,155 11,160,864	7,667,742 11,987,345	7,452,795 12,926,866	5,384,600 11,884,480	-- 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	7,130,155 10,918,923	7,667,742 11,706,976	7,452,795 12,615,917	5,384,600 11,458,116	-- 12,776,716
⊳ Home Health agencies (HHA) ⊳ Median	0 1,282,808	0 1,407,728	0 1,341,512	0 1,407,046	-- 1,476,867
⊳ Community mental health clinics (CMHC) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Rural health clinics ⊳ Median	0 618,038	0 697,279	0 690,232	0 684,010	-- 670,558
⊳ Other federally qualified health clinics ⊳ Median	0 --	0 --	0 --	0 --	-- --

Other payments

Item	2017	2018	2019	2020	2021
Graduate Medical Education (GME) Median	0 3,284,314	0 3,250,551	0 3,386,837	0 3,360,806	-- 3,508,953
Disproportionate-share hospital (DSH) Median	5,807,992 594,888	6,983,368 595,761	7,681,956 577,894	7,303,080 542,168	-- 549,667
Outlier Median	2,534,549 582,572	3,170,920 538,116	871,962 212,434	549,370 126,559	-- 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	5,576,958 3,662,910	0 3,730,911	0 4,081,319	0 4,643,908	-- 4,389,147
Charity care Median	855,820 2,654,636	397,879 2,940,659	53,718 3,380,215	1,946,198 3,488,738	-- 3,233,405
Uncompensated care (UCC) Median	3,777,415 5,147,790	3,355,875 5,337,617	1,674,448 5,711,082	4,792,552 5,923,418	-- 5,508,107
UCC as a % of operating expenses Median	1.30% 3.24	1.20% 3.12	0.62% 3.21	1.48% 3.3	--% 2.86
Total shortfall/UCC Median	9,354,373 9,489,989	3,355,875 9,424,297	1,674,448 10,120,158	4,792,552 11,171,337	-- 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	89,971,897 52,142,039	96,345,141 54,485,252	109,519,628 57,395,589	112,550,186 58,830,919	-- 61,722,907
Salaries as a % of operating expenses Median	31.72 36.68	35.47 36.56	42.97 36.37	35.92 35.93	-- 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	0 2,753,773	0 2,937,156	-- 2,909,848
Contract intern, resident salaries* Median	0 1,251,927	0 1,186,494	0 1,204,885	0 1,279,653	-- 1,469,317
Contract adjusted salaries, direct-care Median	11,533,401 1,449,244	10,861,383 1,475,986	5,251,353 1,563,078	9,462,263 1,721,954	-- 2,991,828
Contract hours, direct-care Median	161,938.00 22,725	136,374.00 23,018.5	76,182.00 24,503.48	103,818.00 25,026.5	-- 33,786
Contract wages, direct-care Median	71.22 64.67	79.64 64.53	68.93 65.06	91.14 68.97	-- 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.