Velarion Records

Short-term acute care hospital · Laguna Beach, California · 124 beds · CMS certification number 050193

South Coast Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2009, reopened, stamped by CMS July 24, 2024. Thirteen years on file, every one shown below.

Fiscal 2009 at a glance

Net patient revenue
$30.6M
$30,624,837 · G-3 line 3
Operating expenses
$43.9M
$43,878,336 · G-3 line 4
Result from patient care
−$13.3M
−$13,253,499 · G-3 line 5
Margin on patient care
−43.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $39.8M in its first year on file (1997) to $30.6M in 2009.
  • Its result from patient care: −$10.9M (2007), −$12.7M (2008), −$13.3M (2009).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2009.

Every statement is drawn from figures on this page; nothing is estimated.

Thirteen years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1997
settled with audit
$39.8M
$41.2M
1998
settled
$36.7M
$41.3M
1999
settled
$40.9M
$43.7M
2000
settled
$34.3M
$45.6M
2001
reopened
$47.4M
$50.9M
2002
reopened
$53.8M
$60.5M
2003
settled
$60.7M
$63.4M
2004
settled
$67.8M
$65.1M
2005
settled
$64.4M
$65.8M
2006
settled
$66.4M
$67.3M
2007
reopened
$66.8M
$77.6M
2008
reopened
$67.8M
$80.5M
2009
reopened
$30.6M
$43.9M

Beside its peers

Short-term acute care hospitals in California with 100 to 199 beds, each on fiscal year 2009.

HospitalBedsNet patient revenueOperating expensesMargin
South Coast Medical Center124$30,624,837$43,878,336−43.3%
Community Hospital of Long Beach, Long Beach130$49,688,880$52,090,436−4.8%
Contra Costa Regional Medical Center and Health Centers, Martinez123$278,877,675$380,361,079−36.4%
La Palma Intercommunity Hospital, La Palma124$47,857,642$45,119,2865.7%
Oroville Hospital, Oroville133$125,805,450$122,637,2762.5%
Sierra View Medical Center, Porterville128$118,869,223$113,192,2144.8%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in California

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2009.ZIP, form CMS-2552-96, filed under CMS certification number 050193.

How this page was built: the CMS Medicare cost report, file HOSPFY2009.ZIP, read July 24, 2024.