As of the July, 2022, release via CMS

COLLEGE HOSPITAL COSTA MESA

CMS id: 050543
301 VICTORIA STREET, COSTA MESA CA 92627. County: ORANGE
System: COLLEGE HEALTH ENTERPRISES
CBSA: Los Angeles-Long Beach-Anaheim, CA

The 122-bed, acute-care hospital had $-31,308,268 in net service to patients*, with a total profit margin of 35.03885% in fiscal year 2021, the latest year available.
It spent 0.54% of its operating expenses on uncompensated care and reported $289,049 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	forprofit	forprofit	forprofit	forprofit	forprofit
Acute beds Median	0 118	122 118	122 119.5	122 118	122 119
Total beds Median	0 162	122 162	122 162	122 162	122 163.5
FTEs Median	351.59 788.06	359.38 793.42	371.36 806.03	358.45 787.61	375.28 804.34

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	54,102,361 150,932,746	90,664,006 158,950,878	114,993,204 168,696,998	110,254,997 163,454,693	50,015,118 186,589,412
Operating expenses Median	62,559,302 149,311,209	69,198,848 156,110,414	69,936,694 164,890,568	79,655,077 166,516,854	81,323,386 180,120,888
Net income from service 2 patients (NS2P) ? Median	-8,456,941 -964,173	21,465,158 -643,601.5	45,056,510 -116,254	30,599,920 -5,025,862	-31,308,268 -1,284,564
NS2P margin ? Median	-15.63% -0.62	23.68% -0.29	39.18% 0.18	27.75% -5.07	-62.60% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for COLLEGE HOSPITAL COSTA MESA 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	980,386 5,089,215	2,415,218 4,572,541	2,176,380 5,268,134	3,457,893 13,092,619	75,172,611 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	322,788 370,813	66,826 309,361.5	5,922 375,329
⊳ 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	0	0	6,906	30,092	10,212
⊳ 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	0	0	0	0	0
⊳ Line 17: Revenue from sale of drugs to other than patients	0	0	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	1,600	474	785	1,035	499
⊳ 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	0	0	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	978,786	2,414,744	1,845,901	3,359,940	75,155,978
Total income ? Median	-7,476,555 6,586,430	23,880,376 6,767,106	47,232,890 8,419,950	34,057,813 8,094,175	43,864,343 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	0 89,880.5	0 106,761	0 31,473.5
Net income Median	-7,476,555 6,043,842	23,880,376 5,845,112	47,232,890 7,606,259	34,057,813 7,283,041	43,864,343 14,957,241
Net margin Median	-13.57332% 4.62%	25.65597% 4.42%	40.31156% 5.16%	29.95071% 5.2%	35.03885% 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 COLLEGE HOSPITAL COSTA MESA 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	5,847,637 23,241,334	4,583,256 23,709,545	3,142,486 24,248,380	1,321,381 22,858,541	1,171,777 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	5,847,637 21,577,146	4,583,256 22,041,594	3,142,486 22,722,063	1,321,381 21,570,441	1,171,777 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	0 1,845,420	0 1,757,392	0 1,738,842	0 1,510,463	0 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	3,086,293 11,160,864	3,148,548 11,987,345	3,233,714 12,926,866	2,152,486 11,884,480	2,388,397 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	3,086,293 10,918,923	3,148,548 11,706,976	3,233,714 12,615,917	2,152,486 11,458,116	2,388,397 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	0 3,284,314	0 3,250,551	0 3,386,837	0 3,360,806	0 3,508,953
Disproportionate-share hospital (DSH) Median	178,435 594,888	158,195 595,761	153,565 577,894	138,825 542,168	148,249 549,667
Outlier Median	71,084 582,572	59,928 538,116	18,297 212,434	17,102 126,559	16,720 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	135,734 3,730,911	163,376 4,081,319	250,330 4,643,908	289,049 4,389,147
Charity care Median	279,544 2,654,636	258,940 2,940,659	310,536 3,380,215	278,604 3,488,738	234,553 3,233,405
Uncompensated care (UCC) Median	438,885 5,147,790	479,879 5,337,617	536,289 5,711,082	435,130 5,923,418	439,096 5,508,107
UCC as a % of operating expenses Median	0.70% 3.24	0.69% 3.12	0.77% 3.21	0.55% 3.3	0.54% 2.86
Total shortfall/UCC Median	438,885 9,489,989	615,613 9,424,297	699,665 10,120,158	685,460 11,171,337	728,145 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	23,656,666 52,142,039	24,075,653 54,485,252	25,767,854 57,395,589	26,606,626 58,830,919	28,113,922 61,722,907
Salaries as a % of operating expenses Median	37.81 36.68	34.79 36.56	36.84 36.37	33.40 35.93	34.57 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	0 2,753,773	0 2,937,156	0 2,909,848
Contract intern, resident salaries* Median	0 1,251,927	0 1,186,494	0 1,204,885	0 1,279,653	0 1,469,317
Contract adjusted salaries, direct-care Median	4,950 1,449,244	10,670 1,475,986	47,121 1,563,078	7,865 1,721,954	8,140 2,991,828
Contract hours, direct-care Median	90.00 22,725	194.00 23,018.5	703.10 24,503.48	143.00 25,026.5	148.00 33,786
Contract wages, direct-care Median	55.00 64.67	55.00 64.53	67.02 65.06	55.00 68.97	55.00 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.