As of the July, 2022, release via CMS
LUCILE PACKARD CHILDRENS HOSPITAL
- CMS id: 053305
- 725 WELCH ROAD, PALO ALTO CA 94304. County: SANTA CLARA
- System: --
- CBSA: San Jose-Sunnyvale-Santa Clara, CA
The 397-bed, childrens hospital had $1,611,427 in net service to patients*, with a total profit margin of 11.03157% in fiscal year 2021, the latest year available.
It spent 0.00% 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 childrens 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 |
nfp | nfp | nfp | nfp | nfp |
| Acute beds Median |
178 128 |
178 138 |
233 132 |
249 132 |
249 139.5 |
| Total beds Median |
302 240 |
302 250 |
345 253 |
397 249 |
397 268 |
| FTEs Median |
3,410.00 2,348.49 |
3,742.00 2,474.39 |
3,982.00 2,467.2 |
4,262.00 2,280 |
4,530.00 2,550.69 |
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
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Net patient revenue ? Median |
1,307,869,984 525,064,989 |
1,461,400,469 548,140,349 |
1,741,890,292 553,978,614 |
1,790,984,113 521,749,556 |
2,035,354,596 559,523,956 |
| Operating expenses Median |
1,392,556,284 380,030,370 |
1,561,603,411 429,061,291 |
1,747,055,004 434,503,640 |
1,883,404,075 430,707,869 |
2,033,743,169 498,567,350 |
| Net income from service 2 patients (NS2P) ? Median |
-84,686,300 -1,841,638 |
-100,202,942 -522,484 |
-5,164,712 94,166 |
-92,419,962 -11,959,831 |
1,611,427 -16,074,830 |
| NS2P margin ? Median |
-6.48% -2.86 |
-6.86% -0.41 |
-0.30% 0.04 |
-5.16% -3.45 |
0.08% -5.04 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for LUCILE PACKARD CHILDRENS HOSPITAL compared to all** childrens 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 childrens hospitals available to calculate medians:
| 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| 63 | 63 | 63 | 65 | 51 |
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Other income* Median Click here to show/hide details |
117,980,006 47,186,201 |
101,838,457 49,550,891 |
118,389,448 43,369,484 |
183,497,581 74,563,993 |
250,560,872 88,066,310 |
| Total income ? Median |
33,293,706 61,461,455 |
1,635,515 56,564,697 |
113,224,736 58,012,242 |
91,077,619 50,617,244 |
252,172,299 62,924,624 |
| Non-operating expenses Median |
0 2,760,568 |
0 2,724,150 |
0 829,348 |
0 4,089,642 |
0 503,757 |
| Net income Median |
33,293,706 45,197,733 |
1,635,515 39,952,380 |
113,224,736 58,012,242 |
91,077,619 40,996,852 |
252,172,299 74,165,836 |
| Net margin Median |
2.33501% 9.76% |
0.10462% 8.11% |
6.08644% 10.11% |
4.61274% 6.66% |
11.03157% 11.48% |
* 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 LUCILE PACKARD CHILDRENS HOSPITAL compared to all** childrens hospitals, from CMS cost reports.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 childrens hospitals available to calculate medians:
| 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| 63 | 63 | 63 | 65 | 51 |
Medicare revenue
Inpatient and outpatient revenue
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| All inpatient revenue Median Click here to show/hide details |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| All outpatient revenue Median Click here to show/hide details |
1,685,308 277,359 |
1,597,798 515,761.5 |
1,220,740 419,825 |
765,017 384,974 |
1,167,825 540,291 |
Other payments
| Item | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Graduate Medical Education (GME) Median |
36,109 23,594 |
39,744 27,114 |
42,447 29,521 |
15,620 20,769 |
31,318 18,619.5 |
| Disproportionate-share hospital (DSH) Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Outlier Median |
100,247 24,094 |
88,786 26,215 |
67,989 19,933 |
54,577 22,747 |
67,035 17,351 |
Uncompensated care
| Item | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Medicaid shortfall Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Charity care Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Uncompensated care (UCC) Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| UCC as a % of operating expenses Median |
0.00% 0 |
0.00% 0 |
0.00% 0 |
0.00% 0 |
0.00% 0 |
| Total shortfall/UCC Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
Labor costs
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Total salaries Median |
453,669,538 158,917,507 |
505,969,791 172,292,593 |
565,569,966 181,542,159 |
632,631,476 180,024,857 |
712,096,195 198,946,032 |
| Salaries as a % of operating expenses Median |
32.58 42.46 |
32.40 41.44 |
32.37 41.89 |
33.59 41.02 |
35.01 39.81 |
| Intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Contract intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Contract adjusted salaries, direct-care Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Contract hours, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
| Contract wages, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
* in an approved program
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.