Below here are the Net Assets of these 31 California Non-Profit Hospitals at both the most recent reported date and also at the Fiscal Year End (FYE) closest to the beginning of the Obama Administration:
FYE | Balance | Net | ||||||
Most | Balance | Sheet | Assets | |||||
Most | Recent | Sheet | Net | % | ||||
Recent | Balance | Date | Assets | Change | ||||
Balance | Sheet | Beginning | Beginning | During | ||||
City | State | Sheet | Net | Obama | Obama | Obama | ||
Hospital Organization | HQs | HQs | Date | Assets | Admin | Admin | Admin | |
mil $s | mil $s | |||||||
Kaiser Permanente | Oakland | CA | Jun 14 | 25,427 | Dec 08 | 11,431 | 122% | |
Sutter Health | Sacramento | CA | Jun 14 | 8,566 | Dec 08 | 4,298 | 99% | |
Dignity Health | San Francisco | CA | Jun 14 | 7,112 | Jun 09 | 3,622 | 96% | |
St Joseph Health System | Orange | CA | Jun 14 | 5,317 | Jun 09 | 2,076 | 156% | |
Scripps Health | San Diego | CA | Jun 14 | 2,922 | Sep 09 | 1,354 | 116% | |
Cedars-Sinai Medical Center | West Hollywood | CA | Jun 13 | 2,607 | Jun 09 | 1,517 | 72% | |
Stanford Hospitals & Clinics | Stanford | CA | May 14 | 2,599 | Aug 09 | 807 | 222% | |
City of Hope | Duarte | CA | Jun 14 | 2,289 | Sep 09 | 1,211 | 89% | |
Sharp HealthCare | San Diego | CA | Jun 14 | 2,132 | Sep 09 | 806 | 165% | |
U Cal, LA Medical Center | Los Angeles | CA | Jun 13 | 1,927 | Jun 09 | 1,350 | 43% | |
Packard Children's Hospital Stanford | Palo Alto | CA | May 14 | 1,847 | Aug 09 | 1,068 | 73% | |
Memorial Health Services Oblig Group | Fountain Valley | CA | Jun 14 | 1,734 | Jun 09 | 769 | 125% | |
Adventist Health West | Roseville | CA | Jun 14 | 1,582 | Dec 08 | 969 | 63% | |
John Muir Health | Walnut Creek | CA | Jun 14 | 1,501 | Dec 08 | 756 | 99% | |
U Cal, San Fran Medical Center | San Francisco | CA | Jun 13 | 1,323 | Jun 09 | 761 | 74% | |
Cottage Health System | Santa Barbara | CA | Dec 13 | 1,272 | Dec 08 | 675 | 88% | |
Children's Hospital Los Angeles | Los Angeles | CA | Jun 14 | 1,108 | Jun 09 | 758 | 46% | |
U Cal, Davis Medical Center | Sacramento | CA | Jun 13 | 1,082 | Jun 09 | 794 | 36% | |
U Cal, San Diego Medical Center | San Diego | CA | Jun 13 | 985 | Jun 09 | 569 | 73% | |
El Camino Hospital | Mountain View | CA | Jun 13 | 980 | Jun 09 | 685 | 43% | |
Rady Children's Hospital | San Diego | CA | Jun 14 | 954 | Jun 09 | 387 | 147% | |
Community Medical Centers | Fresno | CA | May 14 | 856 | Aug 09 | 390 | 119% | |
Huntington Memorial Hospital | Pasadena | CA | Jun 14 | 818 | Dec 08 | 446 | 83% | |
Children's Hospital Central Calif | Madera | CA | Jun 14 | 816 | Sep 09 | 281 | 190% | |
Loma Linda Univ Medical Center | Loma Linda | CA | Jun 14 | 701 | Dec 08 | 415 | 69% | |
Community Hospital Foundation | Monterey | CA | Jun 14 | 693 | Dec 08 | 341 | 103% | |
U Cal, Irvine Medical Center | Orange | CA | Jun 13 | 629 | Jun 09 | 631 | 0% | |
PIH Health | Whittier | CA | Jun 14 | 589 | Sep 09 | 400 | 47% | |
Torrance Memorial Medical Center | Torrance | CA | Jun 14 | 584 | Dec 08 | 302 | 93% | |
Children's Hospital Orange County | Orange | CA | Mar 14 | 541 | Jun 09 | 412 | 31% | |
Fremont-Rideout Health Group | Yuba City | CA | Jun 14 | 462 | Jun 09 | 313 | 48% | |
Total all 31 | 81,955 | 40,594 | 102% |
As you can see from the above chart, the Total Net Assets (Financial Strength) of these 31 California Non-Profit Hospital Organizations increased by a phenomenal 102% to a massive $81.955 bil so far during the Obama Administration.
The 5 University of California Medical Centers with a Total Net Asset growth rate of 45% are a drag on this 92% overall growth rate. In fact, the 26 California Hospitals with these 5 UCal Medical Centers excluded generated a Net Asset growth rate of a higher 108%.
To show how explosive the very recent Net Asset growth was, just in the last 12 months, the Total Net Asset growth so far during the Obama Administration increased from 61% 12 months ago to 102% now. Now that is what I call very recent staggering acceleration of Net Asset growth. Kaiser Permanente was the main driver of this massive Net Asset growth upward acceleration in the most recent 12 months, due to a huge pension liability reduction. In the earlier parts of the Obama Administration, Kaiser Permanente's huge pension adjustments went in the other direction.
Very positively impacting this very robust increase in the Net Assets (Financial Strength) of these 31 California Non-Profit Hospital Organizations were actions taken by both the Obama Administration and the US Fed to strengthen the US Financial Foundation which was severely damaged from the financial meltdown in late 2008.
In addition, the Affordable Care Act (ACA) has also played a key role in this very impressive increase in Net Assets (Financial Strength) of these 31 California Non-Profit Hospital Organizations.
A remarkable thing is that these very robust increases in Net Assets (Financial Strength) of these Non-Profit Hospital Organizations occurred when these Non-Profit Hospitals, and especially the California ones, were also playing very instrumental roles in the substantial annual percentage growth reduction of Total US Health Care Costs which occurred in each of the most recent three years under the ACA.
With such impressive Net Asset percentage increases of these 31 California Hospitals, a key beneficiary of this will be California citizens electing to buy health insurance on the Health Insurance Exchange. This strong Net Asset growth gives these California Hospitals the financial flexibility to moderate their pricing for hospital procedures in their negotiations with health insurance companies which ultimately determines what insurance premium prices are set at by health insurance companies on the Health Insurance Exchange.
And full expansion of Medicaid in California likewise yields a substantial increase in profits and thus also in Net Assets in all California Hospitals, which likewise gives these California Hospitals the financial flexibility to moderate their pricing for hospital procedures in their negotiations with includinghealth insurance companies which ultimately determines what insurance premium prices are set at by health insurance companies on the Health Insurance Exchange.
Large California Hospital Organizations Not Included in the Above 31
From a review of the State of California Health Dept website, there were 4 Publicly-traded Hospital Corporations which had more than $300 mil of Total Net Assets in their California Hospitals at December 31, 2011;
- Tenet HealthCare had more than $1,031 mil in Net Assets at December 31, 2011 including Desert Regional Medical Center in Palm Springs $185 mil, Doctors Medical Center of Modesto $156 mil, Fountain Valley Regional Hospital $133 mil, Twin Cities Hospital in Templeton $129 mil, Sierra Vista Regional Medical Center in San Luis Obispo $125 mil and San Ramon Regional Medical Center $112 mil.
- HCA had $849 mil in Net Assets at December 31, 2011 including Riverside Community Hospital in Riverside $559 mil and Good Samaritan Hospital of San Jose $231 mil.
- Kindred Hospital had more than $499 mil in Net Assets at December 31, 2011 including La Mirada $151 mil and Westminister $115 mil.
- Universal Health Services had more than $307 mil in Net Assets at December 31, 2011 including Southwest Health Care System $165 mil.
Also from its audited financial statements, Michigan headquartered Non-Profit Hospital Organization giant Trinity Health (now CHE Trinity Health) had $510 mil of its Total Net Assets in Fresno-based Saint Agnes Medical Center at June 30, 2013.
From the California State Health Dept website, Colorado headquartered Non-Profit Hospital Organization Sisters of Charity Leavenworth had $428 mil of its Total Net Assets in Santa Monica-based St. John's Hospital and Health Care Center at December 31, 2011.
From the California State Health Dept website, 2 California Safety Net Hospital Organizations had Net Assets above $400 mil in 2011.....Santa Clara Valley Health and Hospital System, part of the County of San Jose, $548 mil and Laguna Honda Hospital, part of the City and County of San Francisco, $476 mil.
There were 7 California Non-Profit Hospital Organizations with Total Net Assets just short of $400 mil, as follows:
- Eisenhower Medical Center in Rancho Mirage.....$399 mil at September 2013
- Washington Township Hospital Healthcare District in Fremont.....$399 mil at Sept 2013
- Palomar Health in Escondido.....$380 mil at June 2013
- Kaweah Delta Health District in Visalia.....$361 mil at June 2013
- Children's Hospital and Research Center in Oakland.....$351 mil at Sept 2013
- San Antonio Community Hospital in Upland.....$349 at Sept 2013
- Salinas Valley Memorial Health Care System in Salinas.....$339 mil at Dec 2011
Los Angeles County Hospitals
Los Angeles County Hospitals are Non-Profit Governmental Entities.
Since they are safety net hospitals and LA is so huge, they have all accumulated huge losses. Below here from EMMA are these losses for each of these 4 LA County Hospitals for the two most recent financial statements.....Fiscal Year Ended June 2013 and 2012:
FYE 2013 | ||||
FYE 2013 | Net | FYE 2013 | ||
FYE 2013 | Bottom | Patient | Total | |
Operating | Line | Service | Operating | |
LA County Hospitals | (Loss) | (Loss) | Revenues | Revenues |
mil $s | mil $s | mil $s | mil $s | |
Harbor UCLA Medical Center | (45) | (289) | 688 | 873 |
Olive View UCLA Medical Center | (53) | (166) | 420 | 532 |
LAC+USC Medical Center | (133) | (461) | 1,057 | 1,272 |
Rancho Los Amigos National Rehab Center | (10) | (67) | 205 | 229 |
Total all 4 | (241) | (983) | 2,370 | 2,906 |
FYE 2012 | ||||
FYE 2012 | Net | FYE 2012 | ||
FYE 2012 | Bottom | Patient | Total | |
Operating | Line | Service | Operating | |
LA County Hospitals | (Loss) | (Loss) | Revenues | Revenues |
mil $s | mil $s | mil $s | mil $s | |
Harbor UCLA Medical Center | (79) | (281) | 648 | 808 |
Olive View UCLA Medical Center | (130) | (216) | 365 | 460 |
LAC+USC Medical Center | (210) | (481) | 1,044 | 1,247 |
Rancho Los Amigos National Rehab Center | (58) | (96) | 124 | 178 |
Total all 4 | (477) | (1,074) | 2,181 | 2,693 |
So for just the one year 2013, these 4 LA County Hospitals posted Total Bottom Line Losses of a massive $0.983 bil and for the one year 2012, the Total Bottom Line Losses were another $1.074 bil.
And it's not just the LA County Hospitals with Huge Losses. Also from EMMA, San Francisco City and County General Hospital generated Total Operating Losses of $152 mil in the 2 most recent years and their Laguna Honda Hospital posted Total Operating Losses of $116 mil in the most recent 2 years.
But the very positive aspect to this is that the State of California has fully expanded Medicaid. So with the resultant massive inflow of Patient Revenues from Medicaid expansion, these 4 LA County Hospitals and the 2 San Francisco City and County Hospitals should be able to turn these massive losses into profits.
One of the key beneficiaries of this very healthy improvement in the Total Net Assets of all California Hospitals due to Medicaid expansion in California will be California citizens electing to buy health insurance on the Health Insurance Exchange. This exceptional Net Asset growth gives all California Hospitals the financial flexibility to moderate their pricing for hospital and other health care procedures in their negotiations with health insurance companies which ultimately determines what insurance premium prices are set at by health insurance companies on the Health Insurance Exchange.
So Many Struggling California Hospitals
The State of California is being very transparent with its citizens by having available for review annually at its Health Information website very detailed financial information on each of its Hospitals. The most recent financial information is for 2011.
Let me first address the Huge Kaiser Foundation Hospitals in California since it didn't break out the Operating Results by Individual Hospital. Instead it disclosed Total Operating Results for its two California Regions, as you can see here below:
Hospitals | Total Operating Income (Loss) | Total Operating Revenues | Operating Income (Loss) Margin | |
$000s | $000s | % | ||
KAISER FOUNDATION HOSPITALS - NORTHERN CAL REGION | 782,801 | 7,847,198 | 10.0% | |
KAISER FOUNDATION HOSPITALS - SOUTHERN CAL REGION | (22,060) | 5,435,189 | -0.4% | |
KAISER FOUNDATION HOSPITALS - TOTAL CALIFORNIA | 760,740 | 13,282,387 | 5.7% |
As you can see in the above chart, Kaiser Foundation Hospitals generated Total Operating Income of $760.7 mil in all of California in 2011 on $13.282 bil of Total Operating Revenues for a Margin of 5.7%. And all of their Operating Profits were made in their Northern California Hospitals. But a Total Operating Income Margin of 10.0% of Total Operating Revenues seems like awfully steep Northern California Hospital and Premium pricing to me.
Let me now focus on the other 414 California Hospitals included in the excellent California Health website.
Overall, these 414 California Hospitals excluding the Kaiser Hospitals had a Total Operating Income of $3.468 bil in 2011 which was a seemingly respectable Goldilocks 4.3% of their Total Operating Revenues of $79.800 bil. And these 414 California Hospitals' Total Operating Income of $3.468 bil in 2011 was burdened with an Earnings Charge of $4.831 bil due to Total Provisions for Bad Debts. In addition, their Total Uncompensated Charity Care Costs Incurred were also just huge in amount.
But you have to stratify these Hospitals to find out what is really going on with California Hospitals.
First, let's look at the upper end California Hospitals.
There were 93 of these 414 California Hospitals which generated Operating Income as a Percentage of Total Operating Revenues of above 10.0% in 2011. I'll call these Top 93 the Pure Gold Hospitals. In the aggregate, they generated Total Operating Income of 15.6% of Total Operating Revenues.....that's more than 50% higher than what the 30 Dow Industrials combined generated. This is flat out crazy and tells you why US Health Care Costs have been so incredibly out of control. Here are the Top 93:
Hospital | City | Total Operating Income (Loss) | Total Operating Revenues | Operating Income (Loss) Margin |
$000s | $000s | % | ||
Pure Golden Hospitals | ||||
JOYCE EISENBERG KEEFER MEDICAL CTR | RESEDA | 22,297 | 48,170 | 46.3% |
PACIFIC SHORES HOSPITAL | OXNARD | 4,911 | 11,315 | 43.4% |
BHC ALHAMBRA HOSPITAL | ROSEMEAD | 10,544 | 25,777 | 40.9% |
HERITAGE OAKS HOSPITAL | SACRAMENTO | 13,764 | 34,133 | 40.3% |
BHC FRMONT HOSPITAL | FREMONT | 11,923 | 33,576 | 35.5% |
CANYON RIDGE HOSPTIAL | CHINO | 7,872 | 22,749 | 34.6% |
HEALTHSOUTH BAKERSFIELD REHAB HOSPITAL | BAKERSFIELD | 9,719 | 29,729 | 32.7% |
SUTTER MATERNITY&SURGERY CENTER SANTA CRUZ | SANTA CRUZ | 20,465 | 64,016 | 32.0% |
MENLO PARK SURGICAL HOSPITAL | MENLO PARK | 5,020 | 17,529 | 28.6% |
HOLLYWOOD COMMUNITY HOSPITALS | HOLLYWOOD | 18,493 | 69,187 | 26.7% |
LOS ANGELES COMMUNITY HOSPITAL | LOS ANGELES | 28,894 | 113,156 | 25.5% |
MONROVIA MEMORIAL HOSPITAL | MONROVIA | 9,351 | 37,842 | 24.7% |
AURORA SAN DIEGO | SAN DIEGO | 6,019 | 24,542 | 24.5% |
KINDRED HOSPITAL LOS ANGELES | LOS ANGELES | 12,759 | 52,746 | 24.2% |
BHC SIERRA VISTA HOSPITAL | SACRAMENTO | 7,402 | 31,274 | 23.7% |
SCRIPPS GREEN HOSPITAL | LA JOLLA | 91,080 | 385,198 | 23.6% |
BARTON MEMORIAL HOSPITAL | SOUTH LAKE TAHOE | 29,433 | 125,533 | 23.4% |
SUTTER TRACY COMMUNITY HOSPITAL | TRACY | 26,013 | 115,249 | 22.6% |
DEL AMO HOSPITAL | TORRANCE | 7,153 | 32,051 | 22.3% |
MIRACLE MILE MEDICAL CENTER | LOS ANGELES | 2,602 | 12,048 | 21.6% |
SUTTER DAVIS HOSPITAL | DAVIS | 20,608 | 95,564 | 21.6% |
NORTHERN CA REHAB | REDDING | 8,166 | 38,915 | 21.0% |
CHILDREN'S HOSPITAL CENTRAL CALIFORNIA | MADERA | 97,870 | 484,570 | 20.2% |
BARSTOW COMMUNITY HOSPITAL | BARSTOW | 9,285 | 46,474 | 20.0% |
SAN JOAQUIN VALLEY REHABILITATION HOSPITAL | FRESNO | 6,594 | 33,043 | 20.0% |
KENTFIELD REHABILITATION HOSPITAL | KENTFIELD | 8,101 | 41,215 | 19.7% |
CALIFORNIA PACIFIC MEDICAL CENTER | SAN FRANCISCO | 227,150 | 1,174,986 | 19.3% |
RADY CHILDREN'S HOSPITAL - SAN DIEGO | SAN DIEGO | 112,383 | 586,854 | 19.2% |
CENTRAL VALLEY GENERAL HOSPITAL | HANFORD | 19,386 | 103,056 | 18.8% |
GOOD SAMARITAN HOSPITAL LP | SAN JOSE | 93,626 | 502,521 | 18.6% |
LOS ROBLES REGIONAL MEDICAL CENTER | THOUSAND OAKS | 60,348 | 327,946 | 18.4% |
AURORA VISTA DEL MAR | VENTURA | 3,345 | 18,233 | 18.3% |
BANNER LASSEN MEDICAL CENTER | SUSANVILLE | 7,057 | 38,883 | 18.1% |
SANTA MONICA-UCLA MEDICAL CENTER AND ORTHOPAEDIC HOSPITAL | SANTA MONICA | 62,720 | 356,636 | 17.6% |
SHARP MCDONALD CENTER | SAN DIEGO | 571 | 3,282 | 17.4% |
KINDRED HOSPITAL LA MIRADA | LA MIRADA | 17,295 | 100,947 | 17.1% |
SUTTER ROSEVILLE MEDICAL CENTER | ROSEVILLE | 73,429 | 436,241 | 16.8% |
SHARP MEMORIAL HOSPITAL | SAN DIEGO | 143,923 | 857,397 | 16.8% |
WESTERN MEDICAL CENTER ANAHEIM | ANAHEIM | 16,025 | 97,214 | 16.5% |
KINDRED HOSPITAL - ONTARIO | ONTARIO | 9,339 | 57,241 | 16.3% |
MILLER CHILDREN'S HOSPITAL | LONG BEACH | 64,958 | 408,716 | 15.9% |
KINDRED HOSPITAL - SOUTH BAY | GARDENA | 7,990 | 50,316 | 15.9% |
REDWOOD MEMORIAL HOSPITAL | FORTUNA | 6,401 | 41,002 | 15.6% |
MONTCLAIR HOSPITAL MEDICAL CENTER | MONTCLAIR | 7,427 | 47,675 | 15.6% |
WHITTIER HOSPITAL MEDICAL CENTER | WHITTIER | 16,795 | 108,641 | 15.5% |
RONALD REAGAN UCLA MEDICAL CENTER | LOS ANGELES | 207,258 | 1,354,723 | 15.3% |
ST. ELIZABETH COMMUNITY HOSPITAL | RED BLUFF | 12,991 | 85,648 | 15.2% |
KINDRED HOSPITAL - SACRAMENTO | FOLSOM | 4,403 | 29,159 | 15.1% |
MEMORIAL HOSPITAL OF GARDENA | GARDENA | 9,772 | 64,980 | 15.0% |
WESTERN MEDICAL CENTER SANTA ANA | SANTA ANA | 28,836 | 194,701 | 14.8% |
GOLETA VALLEY COTTAGE HOSPITAL | SANTA BARBARA | 9,450 | 66,379 | 14.2% |
ARROWHEAD REGIONAL MEDICAL CENTER | COLTON | 69,701 | 490,783 | 14.2% |
PLACENTIA LINDA COMMUNITY HOSPITAL | PLACENTIA | 11,054 | 78,096 | 14.2% |
DOCTORS HOSPITAL OF MANTECA | MANTECA | 10,824 | 76,906 | 14.1% |
SHASTA REGIONAL MEDICAL CENTER | REDDING | 22,042 | 156,641 | 14.1% |
SCRIPPS HEALTH - LA JOLLA | LA JOLLA | 70,547 | 501,458 | 14.1% |
CLOVIS COMMUNITY MEDICAL CENTER | CLOVIS | 23,352 | 167,525 | 13.9% |
MERCY MEDICAL CENTER REDDING | REDDING | 52,944 | 380,758 | 13.9% |
NATIVIDAD MEDICAL CENTER | SALINAS | 26,402 | 194,619 | 13.6% |
COASTAL COMMUNITIES HOSPITAL | SANTA ANA | 10,053 | 74,828 | 13.4% |
SUTTER GENERAL HOSPITAL & SUTTER MEMORIAL HOSPITAL | SACRAMENTO | 110,463 | 822,495 | 13.4% |
ST. MARY MEDICAL CENTER | APPLE VALLEY | 37,110 | 278,325 | 13.3% |
LOS ALAMITOS MEDICAL CENTER | LOS ALAMITOS | 22,721 | 173,772 | 13.1% |
UNIVERSITY OF CALIFORNIA, IRVINE MEDICAL CENTER | ORANGE | 98,038 | 751,403 | 13.0% |
RIVERSIDE COMMUNITY HOSPITAL | RIVERSIDE | 52,960 | 409,708 | 12.9% |
CRESTWOOD PSYCHIATRIC HEALTH FACILITY-CARMICHAEL | CARMICHAEL | 388 | 3,066 | 12.7% |
MERCY HOSPITAL OF FOLSOM | FOLSOM | 17,706 | 139,979 | 12.6% |
KINDRED HOSPITAL | SAN LEANDRO | 5,074 | 40,117 | 12.6% |
KINDRED HOSPITAL WESTMINSTER | WESTMINSTER | 8,504 | 67,811 | 12.5% |
TWIN CITIES HOSPITAL | TEMPLETON | 12,080 | 98,753 | 12.2% |
CENTINELA HOSPITAL MEDICAL CENTER | INGLEWOOD | 30,737 | 253,622 | 12.1% |
KINDRED HOSPITAL - BALDWIN PARK | BALDWIN PARK | 4,301 | 35,903 | 12.0% |
SIERRA VIEW DISTRICT HOSPITAL | PORTERVILLE | 16,203 | 136,313 | 11.9% |
COLLEGE HOSPITAL | CERRITOS | 6,291 | 53,331 | 11.8% |
SAN RAMON REGIONAL MEDICAL CENTER | SAN RAMON | 17,562 | 149,016 | 11.8% |
BAKERSFIELD HEART HOSPITAL | BAKERSFIELD | 8,070 | 69,396 | 11.6% |
HEALTHSOUTH TUSTIN REHABILITATION HOSPITAL | TUSTIN | 2,651 | 23,057 | 11.5% |
SIERRA VISTA REGIONAL MEDICAL CENTER | SAN LUIS OBISPO | 14,894 | 130,689 | 11.4% |
TEHACHAPI VALLEY HEALTHCARE DISTRICT | TEHACHAPI | 2,251 | 19,821 | 11.4% |
FRANK R. HOWARD MEMORIAL HOSPITAL | WILLITS | 5,128 | 45,211 | 11.3% |
SHERMAN OAKS HOSPITAL AND HEALTHCARE CENTER | SHERMAN OAKS | 7,719 | 68,227 | 11.3% |
LONG BEACH MEMORIAL MEDICAL CENTER | LONG BEACH | 61,273 | 544,913 | 11.2% |
MEMORIAL HOSPITAL LOS BANOS | LOS BANOS | 5,563 | 50,169 | 11.1% |
BELLFLOWER MEDICAL CENTER | BELLFLOWER | 5,926 | 54,078 | 11.0% |
LUCILE PACKARD CHILDREN'S HOSPITAL | PALO ALTO | 98,902 | 914,347 | 10.8% |
CHINESE HOSPITAL | SAN FRANCISCO | 10,561 | 99,099 | 10.7% |
MEMORIAL MEDICAL CENTER | MODESTO | 56,729 | 535,912 | 10.6% |
ALAMEDA COUNTY MEDICAL CENTER | OAKLAND | 56,480 | 537,751 | 10.5% |
BIGGS-GRIDLEY MEMORIAL HOSPITAL | GRIDLEY | 2,083 | 19,857 | 10.5% |
AURORA CHARTER OAK | COVINA | 2,791 | 27,007 | 10.3% |
SUTTER SURGICAL HOSP NORTH VALLEY | YUBA CITY | 2,054 | 20,054 | 10.2% |
BAKERSFIELD MEMORIAL HOSPITAL | BAKERSFIELD | 30,049 | 296,050 | 10.2% |
MEMORIAL HOSPITAL OF GARDENA | GARDENA | 12,173 | 120,586 | 10.1% |
Total all 93 Pure Golden | 2,841,571 | 18,250,431 | 15.6% |
But you get a completely different story when you look at the bottom portion of these 414 California Hospitals other than the Kaiser Hospitals. I'll call them the In-The-Red California Hospitals.
Of the 414 California Hospitals, an amazingly high 152 of them, or 37% of them, were In-The-Red.....each of them posting Operating Losses in 2011. These 152 In-The-Red California Hospitals posted Total Operating Losses of $1.782 bil in 2011 which was a negative (9.3)% of their Total Operating Revenues. Here are the 152 In-The-Red California Hospitals:
Hospital | City | Total Operating Income (Loss) | Total Operating Revenues | Operating Income (Loss) Margin |
$000s | $000s | % | ||
In-The-Red Hospitals | ||||
COALINGA STATE HOSPITAL | COALINGA | (161,379) | - | NM |
SHRINERS HOSPITAL - LOS ANGELES | LOS ANGELES | (28,128) | 184 | NM |
CRESTWOOD PSYCHIATRIC HEALTH FACILITY-FRESNO | FRESNO | (3,866) | - | NM |
SAN LUIS OBISPO COUNTY - PHF | SAN LUIS OBISPO | (2,993) | 1,265 | -236.6% |
MERRITT PERALTA INSTITUTE CHEMICAL DEPENDENCY RECOVERY HOSP | OAKLAND | (3,293) | 2,365 | -139.3% |
LOMA LINDA UNIVERSITY MEDICAL CENTER - MURRIETA | MURRIETA | (59,711) | 49,470 | -120.7% |
SAN DIEGO HOSPICE AND THE INSTITUTE FOR PALLIATIVE MEDICINE | SAN DIEGO | (6,598) | 6,131 | -107.6% |
SANTA BARBARA CO. PHF | SANTA BARBARA | (2,813) | 3,809 | -73.8% |
SAN DIEGO COUNTY PYSCHIATRIC HOSPITAL | SAN DIEGO | (29,498) | 43,785 | -67.4% |
ANAHEIM GENERAL HOSPITAL | ANAHEIM | (13,565) | 23,157 | -58.6% |
LAGUNA HONDA HOSPITAL | SAN FRANCISCO | (73,616) | 128,869 | -57.1% |
TUOLUMNE GENERAL HOSPITAL | SONORA | (1,059) | 2,234 | -47.4% |
THUNDER ROAD CHEMICAL DEPENDENCY RECOVERY HOSPITAL | OAKLAND | (1,562) | 4,441 | -35.2% |
CALIFORNIA PACIFIC MEDICAL CENTER - ST. LUKE'S CAMPUS | SAN FRANCISCO | (32,304) | 103,600 | -31.2% |
JEROLD PHELPS COMMUNITY HOSPITAL | GARBERVILLE | (1,268) | 4,386 | -28.9% |
VENTURA COUNTY MEDICAL CENTER | VENTURA | (81,023) | 285,601 | -28.4% |
DOCTOR'S MEDICAL CENTER - SAN PABLO | SAN PABLO | (33,106) | 117,082 | -28.3% |
RIVERSIDE CENTER FOR BEHAVIORAL MEDICINE | RIVERSIDE | (1,454) | 5,638 | -25.8% |
SIERRA KINGS HEALTH CARE DISTRICT | REEDLEY | (3,116) | 12,298 | -25.3% |
ST. ROSE HOSPITAL | HAYWARD | (30,331) | 119,897 | -25.3% |
MOTION PICTURE AND TELEVISION FUND | WOODLAND HILLS | (17,510) | 70,037 | -25.0% |
BEAR VALLEY COMMUNITY HOSPITAL | BIG BEAR | (3,267) | 15,799 | -20.7% |
CRESTWOOD SAN JOSE PSYCHIATRIC HEALTH FACILITY | SAN JOSE | (553) | 2,935 | -18.8% |
NEWPORT SPECIALTY HOSPITAL | TUSTIN | (4,890) | 26,001 | -18.8% |
LOS ANGELES COUNTY/HARBOR-UCLA MEDICAL CENTER | TORRANCE | (103,812) | 575,115 | -18.1% |
LOS ANGELES COUNTY + USC MEDICAL CENTER | LOS ANGELES | (185,275) | 1,067,417 | -17.4% |
LANGLEY PORTER PSYCHIATRIC INSTITUTE | SAN FRANCISCO | (2,882) | 16,905 | -17.0% |
SAN MATEO MEDICAL CENTER | SAN MATEO | (34,793) | 206,450 | -16.9% |
MOUNTAINS COMMUNITY HOSPITAL | LAKE ARROWHEAD | (2,308) | 13,885 | -16.6% |
EISENHOWER MEDICAL CENTER | RANCHO MIRAGE | (62,906) | 379,018 | -16.6% |
MENIFEE VALLEY MEDICAL CENTER | HEMET | (6,917) | 41,709 | -16.6% |
SANTA CLARA VALLEY HEALTH AND HOSPITAL SYSTEMS | SAN JOSE | (144,050) | 878,467 | -16.4% |
COALINGA REGIONAL MEDICAL CENTER | COALINGA | (3,417) | 20,916 | -16.3% |
BROTMAN MEDICAL CENTER | CULVER CITY | (18,004) | 110,353 | -16.3% |
COLORADO RIVER MEDICAL CENTER | NEEDLES | (1,235) | 7,597 | -16.3% |
CRESTWOOD PSYCHIATRIC HEALTH FACILITY-BAKERSFIELD 2 | BAKERSFIELD | (349) | 2,182 | -16.0% |
ALAMEDA HOSPITAL | ALAMEDA | (9,199) | 58,036 | -15.9% |
STANISLAUS SURGICAL HOSPITAL | MODESTO | (4,431) | 28,857 | -15.4% |
PALM DRIVE HOSPITAL | SEBASTAPOL | (4,221) | 28,014 | -15.1% |
KERN MEDICAL CENTER | BAKERSFIELD | (33,214) | 229,671 | -14.5% |
RANCHO LOS AMIGOS NATIONAL REHABILITATION CENTER | DOWNEY | (30,048) | 208,843 | -14.4% |
ST. VINCENT MEDICAL CENTER | LOS ANGELES | (25,069) | 201,129 | -12.5% |
SUTTER CENTER FOR PSYCHIATRY | SACRAMENTO | (2,784) | 23,141 | -12.0% |
O'CONNOR HOSPITAL | SAN JOSE | (32,080) | 282,950 | -11.3% |
JEWISH HOME | SAN FRANCISCO | (6,975) | 62,211 | -11.2% |
SILVER LAKE MEDICAL CENTER | LOS ANGELES | (7,604) | 68,406 | -11.1% |
TUOLUMNE GENERAL HOSPITAL | SONORA | (677) | 6,195 | -10.9% |
JOHN MUIR BEHAVIORAL HEALTH | CONCORD | (3,115) | 28,603 | -10.9% |
LOMPOC HOSPITAL DISTRICT | LOMPOC | (5,788) | 54,641 | -10.6% |
JOHN C FREMONT HEALTHCARE DISTRICT | MARIPOSA | (1,666) | 16,140 | -10.3% |
COAST PLAZA DOCTORS HOSPITAL | NORWALK | (2,093) | 20,490 | -10.2% |
PROMISE HOSPITAL OF SAN DIEGO | SAN DIEGO | (4,281) | 42,147 | -10.2% |
ST. JOSEPH'S BEHAVIORAL HEALTH CENTER | STOCKTON | (1,002) | 10,339 | -9.7% |
CATALINA ISLAND MEDICAL CENTER | AVALON | (540) | 5,722 | -9.4% |
HEALDSBURG DISTRICT HOSPITAL | HEALDSBURG | (3,397) | 36,107 | -9.4% |
SURPRISE VALLEY HEALTH CARE DISTRICT | CEDARVILLE | (351) | 3,758 | -9.3% |
CORCORAN DISTRICT HOSPITAL | CORCORAN | (1,030) | 11,051 | -9.3% |
SEMPERVIRENS PSYCHIATRIC HEALTH FACILITY | EUREKA | (398) | 4,279 | -9.3% |
SOUTHERN INYO HOSPITAL | LONE PINE | (707) | 7,599 | -9.3% |
GREATER EL MONTE COMMUNITY HOSPITAL | SOUTH EL MONTE | (4,023) | 45,363 | -8.9% |
RIVERSIDE COUNTY REGIONAL MEDICAL CENTER | MORENO VALLEY | (31,541) | 367,981 | -8.6% |
GOOD SAMARITAN HOSPITAL | BAKERSFIELD | (2,618) | 33,217 | -7.9% |
DOWNEY REGIONAL MEDICAL CENTER | DOWNEY | (11,881) | 150,979 | -7.9% |
ST. JOHN'S REGIONAL MEDICAL CENTER | OXNARD | (17,666) | 231,386 | -7.6% |
ST. MARY'S MEDICAL CENTER | SAN FRANCISCO | (15,202) | 199,128 | -7.6% |
CHAPMAN MEDICAL CENTER | ORANGE | (3,299) | 43,474 | -7.6% |
LOS ANGELES METROPOLITAN MEDICAL CENTER | LOS ANGELES | (4,718) | 63,719 | -7.4% |
RIDGECREST REGIONAL HOSPITAL | RIDGECREST | (4,754) | 64,479 | -7.4% |
USC UNIVERSITY HOSPITAL | LOS ANGELES | (33,761) | 462,162 | -7.3% |
ARROYO GRANDE COMMUNITY HOSPITAL | ARROYO GRANDE | (3,737) | 51,506 | -7.3% |
SONOMA VALLEY HOSPITAL | SONOMA | (3,289) | 46,072 | -7.1% |
PACIFIC ALLIANCE MEDICAL CENTER | LOS ANGELES | (8,710) | 122,479 | -7.1% |
SETON MEDICAL CENTER | DALY CITY | (20,483) | 289,662 | -7.1% |
TARZANA PSYCHIATRIC HOSPITAL | TARZANA | (471) | 6,715 | -7.0% |
OJAI VALLEY COMMUNITY HOSPITAL | OJAI | (1,680) | 24,957 | -6.7% |
USC KENNETH NORRIS JR. CANCER HOSPITAL | LOS ANGELES | (5,753) | 86,071 | -6.7% |
COMMUNITY HOSPITAL OF SAN BERNARDINO | SAN BERNARDINO | (11,593) | 173,505 | -6.7% |
SOUTHWEST HEALTHCARE SYSTEMS | MURRIETA | (14,772) | 221,955 | -6.7% |
SUTTER COAST HOSPITAL | CRESCENT CITY | (4,211) | 64,243 | -6.6% |
MODOC MEDICAL CENTER | ALTURAS | (939) | 14,341 | -6.5% |
SAN GORGONIO MEMORIAL HOSPITAL | BANNING | (2,283) | 37,819 | -6.0% |
ST. JOHN'S PLEASEANT VALLEY MC | CAMARILLO | (4,861) | 81,056 | -6.0% |
GLENDALE MEMORIAL HOSPITAL AND HEALTH CENTER | GLENDALE | (12,952) | 217,216 | -6.0% |
MENDOCINO COAST DISTRICT HOSPITAL | FORT BRAGG | (2,180) | 43,463 | -5.0% |
EASTERN PLUMAS HOSPITAL | PORTOLA | (962) | 20,112 | -4.8% |
ST. JOHN'S HOSPITAL & HEALTH CENTER | SANTA MONICA | (13,105) | 276,357 | -4.7% |
PETALUMA VALLEY HOSPITAL | PETALUMA | (3,612) | 78,552 | -4.6% |
PROVIDENCE TARZANA MEDICAL CENTER | TARZANA | (10,639) | 232,548 | -4.6% |
LOS ANGELES COUNTY OLIVE VIEW-UCLA MEDICAL CENTER | SYLMAR | (16,902) | 369,436 | -4.6% |
CORONA REGIONAL MEDICAL CENTER | CORONA | (5,944) | 133,395 | -4.5% |
CHILDRENS RECOVERY CENTER | CAMPBELL | (332) | 7,728 | -4.3% |
SHRINERS HOSPITAL - NORTHERN CALIF | SACRAMENTO | (2,416) | 57,828 | -4.2% |
AURORA LAS ENCINAS | PASADENA | (709) | 18,209 | -3.9% |
TRINITY HOSPITAL | WEAVERVILLE | (472) | 12,753 | -3.7% |
PALMDALE REGIONAL MEDICAL CENTER | PALMDALE | (4,381) | 121,733 | -3.6% |
TRI CITY REGIONAL MEDICAL CENTER | HAWAIIAN GARDENS | (2,282) | 64,822 | -3.5% |
SUTTER SOLANO MEDICAL CENTER | VALLEJO | (3,952) | 116,549 | -3.4% |
SIMI VALLEY HOSPITAL | SIMI VALLEY | (3,647) | 108,713 | -3.4% |
OASIS REHABILITATION CENTER, INC. | INDIO | (114) | 3,404 | -3.3% |
COLUSA REGIONAL MEDICAL CENTER | COLUSA | (620) | 19,281 | -3.2% |
TAHOE FOREST HOSPITAL DISTRICT | TRUCKEE | (2,737) | 86,414 | -3.2% |
NEWPORT BAY HOSPITAL | NEWPORT BEACH | (315) | 9,974 | -3.2% |
BEVERLY HOSPITAL | MONTEBELLO | (3,815) | 122,751 | -3.1% |
METHODIST HOSPITAL OF SOUTHERN CALIFORNIA | ARCADIA | (7,458) | 241,110 | -3.1% |
ALVARADO HOSPITAL | SAN DIEGO | (3,828) | 130,394 | -2.9% |
HAZEL HAWKINS MEMORIAL HOSPITAL | HOLLISTER | (2,245) | 77,264 | -2.9% |
HOAG MEMORIAL HOSPITAL PRESBYTERIAN | NEWPORT BEACH | (22,619) | 788,734 | -2.9% |
PLUMAS DISTRICT HOSPITAL | QUINCY | (551) | 19,420 | -2.8% |
METHODIST HOSPITAL OF SACRAMENTO | SACRAMENTO | (5,939) | 209,420 | -2.8% |
LA CASA PSYCHIATRIC HEALTH FACILITY | LONG BEACH | (70) | 2,559 | -2.7% |
STAR VIEW ADOLESCENT CENTER, INC. | TORRANCE | (71) | 2,727 | -2.6% |
SHARP MESA VISTA HOSPITAL | SAN DIEGO | (1,512) | 58,364 | -2.6% |
SALINAS VALLEY MEMORIAL HEALTHCARE SYSTEM | SALINAS | (8,596) | 338,209 | -2.5% |
SAN FRANCISCO GENERAL HOSPITAL MEDICAL CENTER | SAN FRANCISCO | (15,569) | 640,018 | -2.4% |
LODI MEMORIAL HOSPITAL | LODI | (3,526) | 146,080 | -2.4% |
SAINT AGNES MEDICAL CENTER | FRESNO | (10,365) | 453,876 | -2.3% |
DAMERON HOSPITAL ASSOCIATION | STOCKTON | (3,674) | 161,242 | -2.3% |
SAN GABRIEL VALLEY MEDICAL CENTER | SAN GABRIEL | (2,889) | 127,167 | -2.3% |
COMMUNITY HOSPITAL OF HUNTINGTON PARK | HUNTINGTON PARK | (613) | 28,328 | -2.2% |
SAINT FRANCIS MEMORIAL HOSPITAL | SAN FRANCISCO | (3,792) | 200,366 | -1.9% |
ST. BERNARADINE MEDICAL CENTER | SAN BERNARDINO | (5,585) | 304,016 | -1.8% |
ENCINO HOSPITAL MEDICAL CENTER | ENCINO | (737) | 41,746 | -1.8% |
NORTHBAY MEDICAL CENTER/VACAVALLEY HOSPITAL | FAIRFIELD | (5,299) | 300,269 | -1.8% |
SENECA HEALTHCARE DISTRICT / LAKE ALMANOR CLINIC | CHESTER | (213) | 12,382 | -1.7% |
WHITE MEMORIAL MEDICAL CENTER | LOS ANGELES | (5,048) | 294,774 | -1.7% |
EAST VALLEY HOSPITAL MEDICAL CENTER | GLENDORA | (338) | 20,856 | -1.6% |
SUTTER LAKESIDE HOSPITAL | LAKEPORT | (1,036) | 66,844 | -1.5% |
JOHN MUIR MEDICAL CENTER - CONCORD CAMPUS | CONCORD | (5,370) | 349,783 | -1.5% |
LANTERMAN STATE HOSPITAL AND DEVELOPMENTAL CENTER | POMONA | (1,584) | 117,038 | -1.4% |
HENRY MAYO NEWHALL MEMORIAL HOSPITAL | VALENCIA | (2,761) | 207,263 | -1.3% |
GATEWAYS HOSPITAL AND MENTAL HEALTH CENTER | LOS ANGELES | (325) | 25,386 | -1.3% |
WOODLAND MEMORIAL HOSPITAL | WOODLAND | (1,487) | 120,041 | -1.2% |
PORTERVILLE STATE HOSPITAL | PORTERVILLE | (1,830) | 147,791 | -1.2% |
PACIFIC HOSPITAL OF LONG BEACH | LONG BEACH | (1,670) | 137,262 | -1.2% |
RESNICK NEUROPSYCHIATRIC HOSPITAL AT UCLA | LOS ANGELES | (528) | 44,253 | -1.2% |
PLACER PHF | ROSEVILLE | (26) | 2,534 | -1.0% |
HI-DESERT MEDICAL CENTER | JOSHUA TREE | (593) | 58,838 | -1.0% |
KERN VALLEY HEALTHCARE DISTRICT | LAKE ISABELLA | (192) | 19,242 | -1.0% |
ADVENTIST MEDICAL CENTER HANFORD/SELMA | HANFORD/SELMA | (1,158) | 206,600 | -0.6% |
FAIRVIEW DEVELOPMENTAL CENTER | COSTA MESA | (710) | 137,595 | -0.5% |
TELECARE HERITAGE PSYCHIATRIC HEALTH FACILITY | OAKLAND | (39) | 7,630 | -0.5% |
CITY OF HOPE NATIONAL MEDICAL CENTER | DUARTE | (2,654) | 592,117 | -0.4% |
MARIN GENERAL HOSPITAL | GREENBRAE | (1,006) | 280,396 | -0.4% |
FRENCH HOSPITAL MEDICAL CENTER | SAN LUIS OBISPO | (310) | 92,823 | -0.3% |
ST LOUISE REGIONAL HOSPITAL | GILROY | (289) | 89,055 | -0.3% |
COAST PLAZA DOCTORS HOSPITAL | NORWALK | (33) | 13,931 | -0.2% |
SONOMA DEVELOPMENTAL CENTER | ELDRIDGE | (315) | 152,120 | -0.2% |
COMMUNITY HOSPITAL OF LONG BEACH | LONG BEACH | (13) | 9,727 | -0.1% |
MAD RIVER COMMUNITY HOSPITAL | ARCATA | (31) | 49,718 | -0.1% |
METROPOLITAN STATE HOSPITAL | NORWALK | (32) | 173,867 | 0.0% |
PATTON STATE HOSPITAL | PATTON | (22) | 309,707 | 0.0% |
NAPA STATE HOSPITAL | NAPA | (15) | 266,065 | 0.0% |
Total all 152 In-The-Red Hospitals | (1,782,424) | 19,067,780 | -9.3% |
For those Californians who don't see their California Hospitals in any of the above charts, below here are the 169 California Hospitals with an Operating Income Margin as a Percentage of Total Operating Revenues in the middle range from 0.0% to 10.0% in 2011:
Hospital | City | Total Operating Income (Loss) | Total Operating Revenues | Operating Income (Loss) Margin |
$000s | $000s | % | ||
Hospitals In The Middle: Profit Margins of 0.0% to 10.0% | ||||
SAN JOAQUIN GENERAL HOSPITAL | FRENCH CAMP | 22,346 | 226,124 | 9.9% |
DESERT REGIONAL MEDICAL CENTER | PALM SPRINGS | 33,976 | 345,062 | 9.8% |
KINDRED HOSPITAL SAN DIEGO | SAN DIEGO | 3,210 | 32,911 | 9.8% |
GARFIELD MEDICAL CENTER | MONTEREY PARK | 21,373 | 222,022 | 9.6% |
SCRIPPS MEMORIAL HOSPITAL - ENCINITAS | ENCINITAS | 21,312 | 227,568 | 9.4% |
COMMUNITY REGIONAL MEDICAL CENTER | FRESNO | 78,258 | 841,203 | 9.3% |
PRESBYTERIAN INTERCOMMUNITY HOSPITAL | WHITTIER | 40,379 | 435,063 | 9.3% |
SADDLEBACK MEMORIAL MEDICAL CENTER | LAGUNA HILLS | 31,887 | 346,935 | 9.2% |
CEDARS~SINAI MEDICAL CENTER | LOS ANGELES | 214,997 | 2,378,427 | 9.0% |
WASHINGTON HOSPTIAL | FREMONT | 39,284 | 437,701 | 9.0% |
NORTHERN INYO HOSPITAL | BISHOP | 5,002 | 56,049 | 8.9% |
SAN JOAQUIN COMMUNITY HOSPITAL | BAKERSFIELD | 27,276 | 312,808 | 8.7% |
BALLARD REHAB SAN BERNARDINO | SAN BERNARDINO | 1,799 | 20,820 | 8.6% |
FAIRCHILD MEDICAL CENTER | YREKA | 4,623 | 54,584 | 8.5% |
MONTEREY PARK HOSPITAL | MONTEREY PARK | 6,239 | 73,921 | 8.4% |
LOMA LINDA UNIVERSITY MEDICAL CENTER | LOMA LINDA | 98,355 | 1,168,434 | 8.4% |
ST. FRANCIS MEDICAL CENTER | LYNWOOD | 32,636 | 388,561 | 8.4% |
PROVIDENCE HOLY CROSS MEDICAL CENTER | MISSION HILLS | 29,769 | 356,079 | 8.4% |
MADERA COMMUNITY HOSPITAL | MADERA | 7,863 | 94,361 | 8.3% |
COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA | MONTEREY | 34,564 | 414,863 | 8.3% |
ORANGE COAST MEMORIAL MEDICAL CENTER | FOUNTAIN VALLEY | 19,946 | 239,427 | 8.3% |
PACIFICA HOSPITAL OF THE VALLEY | SUN VALLEY | 5,540 | 66,646 | 8.3% |
JOHN MUIR MEDICAL CENTER-WALNUT CREEK CAMPUS | WALNUT CREEK | 62,645 | 769,667 | 8.1% |
STANFORD HOSPITAL & CLINICS | STANFORD | 168,972 | 2,164,973 | 7.8% |
WEST HILLS HOSPITAL AND MEDICAL CENTER | WEST HILLS | 14,424 | 184,940 | 7.8% |
PROVIDENCE LITTLE CO. OF MARY MED CTR-SAN PEDRO | SAN PEDRO | 12,711 | 164,145 | 7.7% |
KINDRED HOSPITAL- RANCHO | RANCHO CUCAMONGA | 3,424 | 44,483 | 7.7% |
CHILDREN'S HOSPITAL OF ORANGE COUNTY | ORANGE | 35,635 | 465,890 | 7.6% |
CHILDREN'S HOSPITAL LOS ANGELES | LOS ANGELES | 53,314 | 697,469 | 7.6% |
REGIONAL MEDICAL CENTER OF SAN JOSE | SAN JOSE | 24,158 | 321,519 | 7.5% |
UCSF MEDICAL CENTER | SAN FRANCISCO | 141,049 | 1,887,130 | 7.5% |
CHILDREN'S HOSPITAL & RESEARCH CENTER OAKLAND | OAKLAND | 36,908 | 498,374 | 7.4% |
RIDEOUT MEMORIAL HOSPITAL | MARYSVILLE | 20,878 | 284,354 | 7.3% |
EL CAMINO HOSPITAL | MOUNTAIN VIEW | 43,330 | 601,390 | 7.2% |
FOUNTAIN VALLEY REGIONAL HOSPITAL | FOUNTAIN VALLEY | 21,484 | 299,797 | 7.2% |
SANTA BARBARA COTTAGE HOSPITAL | SANTA BARBARA | 34,637 | 486,172 | 7.1% |
CRESTWOOD PSYCHIATRIC HEALTH FACILITY-BAKERSFIELD | BAKERSFIELD | 176 | 2,543 | 6.9% |
WILLOW ROCK CENTER | SAN LEANDRO | 381 | 5,532 | 6.9% |
NORTHRIDGE HOSPITAL MEDICAL CENTER | NORTHRIDGE | 27,200 | 395,325 | 6.9% |
ST. JUDE MEDICAL CENTER | FULLERTON | 33,211 | 483,034 | 6.9% |
VALLEY PRESBYTERIAN HOSPITAL | VAN NUYS | 19,496 | 286,978 | 6.8% |
MISSION HOSPITAL REGIONAL MEDICAL CENTER | MISSION VIEJO | 31,063 | 467,111 | 6.7% |
HEALBRIDGE CHILDREN'S HOSPITAL-ORANGE | ORANGE | 602 | 9,058 | 6.6% |
VICTOR VALLEY COMMUNITY HOSPITAL | VICTORVILLE | 4,707 | 71,643 | 6.6% |
KINDRED HOSPITAL - RIVERSIDE | PERRIS | 1,561 | 23,963 | 6.5% |
CHINO VALLEY MEDICAL CENTER | CHINO | 5,197 | 80,563 | 6.5% |
MERCY HEALTHCARE BAKERSFIELD | BAKERSFIELD | 16,571 | 258,682 | 6.4% |
EAST LOS ANGELES DOCTOR'S HOSPITAL | LOS ANGELES | 5,088 | 79,689 | 6.4% |
MERCY GENERAL HOSPITAL | SACRAMENTO | 30,862 | 485,654 | 6.4% |
SCRIPPS MERCY HOSPITAL | SAN DIEGO | 40,187 | 635,499 | 6.3% |
ALTA BATES MEDICAL CENTER | BERKELEY | 38,111 | 604,109 | 6.3% |
SHARP CORONADO HOSPITAL | CORONADO | 5,026 | 80,150 | 6.3% |
SAN DIMAS COMMUNITY HOSPITAL | SAN DIMAS | 3,619 | 58,093 | 6.2% |
TEMPLE COMMUNITY HSOPITAL | LOS ANGELES | 2,905 | 46,985 | 6.2% |
EL CENTRO REGIONAL MEDICAL CENTER | EL CENTRO | 7,016 | 116,828 | 6.0% |
DOMINICAN HOSPITAL | SANTA CRUZ | 19,583 | 333,123 | 5.9% |
FALLBROOK HOSPITAL | FALLBROOK | 2,762 | 47,432 | 5.8% |
MILLS PENINSULA MEDICAL CENTER | BURLINGAME | 24,512 | 445,920 | 5.5% |
POMONA VALLEY HOSPITAL MEDICAL CENTER | POMONA | 22,587 | 411,789 | 5.5% |
CONTRA COSTA REGIONAL MEDICAL CENTER | MARTINEZ | 21,508 | 394,337 | 5.5% |
MERCY HOSPITAL OF MT. SHASTA | MT. SHASTA | 2,575 | 47,329 | 5.4% |
ALVARADO PARKWAY INSTITUTE | LA MESA | 1,322 | 24,313 | 5.4% |
ST. JOSEPH HOSPITAL - EUREKA | EUREKA | 10,406 | 191,665 | 5.4% |
DELANO REGIONAL MEDICAL CENTER | DELANO | 3,647 | 67,387 | 5.4% |
SEQUOIA HOSPITAL | REDWOOD CITY | 12,401 | 229,649 | 5.4% |
COMMUNITY MEMORIAL HOSPITAL OF SAN BUENAVENTURA | VENTURA | 14,005 | 262,748 | 5.3% |
COLLEGE HOSPITAL COSTA MESA | COSTA MESA | 2,381 | 45,620 | 5.2% |
UNIVERSITY OF CALIFORNIA, DAVIS MED CENTER | SACRAMENTO | 67,717 | 1,310,563 | 5.2% |
SUTTER AUBURN FAITH HOSPITAL | AUBURN | 5,230 | 101,798 | 5.1% |
SUTTER AMADOR HOSPITAL | JACKSON | 3,391 | 66,256 | 5.1% |
ANTELOPE VALLEY HOSPITAL DISTRICT | LANCASTER | 17,746 | 346,798 | 5.1% |
FRESNO HEART & SURGICAL HOSPITAL | FRESNO | 3,924 | 77,074 | 5.1% |
UCSD MEDICAL CENTER | SAN DIEGO | 54,972 | 1,090,233 | 5.0% |
LA PALMA INTERCOMMUNITY HOSPITAL | LA PALMA | 2,587 | 51,426 | 5.0% |
WEST ANAHEIM MEDICAL CENTER | ANAHEIM | 4,242 | 85,179 | 5.0% |
SUTTER MEDICAL CENTER OF SANTA ROSA | SANTA ROSA | 7,859 | 165,346 | 4.8% |
HOLLYWOOD PRESBYTERIAN MEDICAL CENTER | LOS ANGELES | 10,419 | 220,300 | 4.7% |
FRESNO SURGICAL HOSPITAL | FRESNO | 2,252 | 47,999 | 4.7% |
SANTA ROSA MEMORIAL HOSPITAL | SANTA ROSA | 16,012 | 342,114 | 4.7% |
SONORA REGIONAL MEDICAL CENTER | SONORA | 8,585 | 185,504 | 4.6% |
KINDRED HOSPITAL - BREA | BREA | 1,573 | 34,260 | 4.6% |
ENLOE MEDICAL CENTER | CHICO | 16,872 | 380,540 | 4.4% |
ST. MARY MEDICAL CENTER | LONG BEACH | 10,463 | 237,952 | 4.4% |
CALIFORNIA HOSPITAL MEDICAL CENTER | LOS ANGELES | 13,509 | 308,536 | 4.4% |
SAN ANTONIO COMMUNITY HOSPITAL | UPLAND | 11,588 | 266,125 | 4.4% |
PATIENTS' HOSPITAL OF REDDING | REDDING | 239 | 5,528 | 4.3% |
ST. HELENA HOSPITAL | ST. HELENA | 7,265 | 174,546 | 4.2% |
UKIAH VALLEY MEDICAL CENTER | UKIAH | 3,908 | 94,819 | 4.1% |
MARSHALL HOSPITAL | PLACERVILLE | 7,731 | 190,397 | 4.1% |
PARADISE VALLEY HOSPITAL | NATIONAL CITY | 4,492 | 112,411 | 4.0% |
FEATHER RIVER HOSPITAL | PARADISE | 6,236 | 156,081 | 4.0% |
SAN DIEGO REHAB | SAN DIEGO | 1,593 | 40,239 | 4.0% |
TULARE REGIONAL MEDICAL CENTER | TULARE | 3,148 | 81,222 | 3.9% |
ALTA BATES SUMMIT MEDICAL CENTER | OAKLAND | 18,092 | 467,004 | 3.9% |
DOCTOR'S HOSPITAL OF WEST COVINA | WEST COVINA | 388 | 10,679 | 3.6% |
ST. JOSEPH HOSPITAL | ORANGE | 22,878 | 648,094 | 3.5% |
HEMET VALLEY MEDICAL CENTER | HEMET | 4,699 | 133,628 | 3.5% |
PROVIDENCE SAINT JOSEPH MEDICAL CENTER | BURBANK | 14,726 | 419,954 | 3.5% |
SANTA YNEZ VALLEY COTTAGE HOSPITAL | SOLVANG | 462 | 13,496 | 3.4% |
CASA COLINA HOSPITAL | POMONA | 1,327 | 38,877 | 3.4% |
MARK TWAIN ST. JOSEPH'S HOSPITAL | SAN ANDREAS | 1,521 | 47,145 | 3.2% |
MARIAN MEDICAL CENTER | SANTA MARIA | 6,899 | 214,944 | 3.2% |
TOM REDGATE MEMORIAL RECOVERY CENTER | LONG BEACH | 92 | 2,896 | 3.2% |
DOCTORS MEDICAL CENTER OF MODESTO, INC. | MODESTO | 12,512 | 394,758 | 3.2% |
VALLEYCARE HEALTH SYSTEM | PLEASANTON | 7,233 | 233,694 | 3.1% |
ST HELENA HOSPITAL CLEAR LAKE | CLEARLAKE | 2,080 | 68,030 | 3.1% |
LAKEWOOD REGIONAL MEDICAL CENTER | LAKEWOOD | 4,262 | 140,542 | 3.0% |
SHARP GROSSMONT HOSPITAL | LA MESA | 16,097 | 533,429 | 3.0% |
PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER | RIVERSIDE | 3,632 | 121,202 | 3.0% |
MERCY SAN JUAN HOSPITAL | CARMICHAEL | 13,768 | 482,554 | 2.9% |
MAMMOTH HOSPITAL | MAMMOTH LAKES | 1,617 | 57,166 | 2.8% |
THOUSAND OAKS SURGICAL HOSPITAL | THOUSAND OAKS | 992 | 35,489 | 2.8% |
HOAG ORTHOPEDIC INSTITUTE | IRVINE | 1,672 | 61,233 | 2.7% |
GLENN MEDICAL CENTER | WILLOWS | 362 | 13,297 | 2.7% |
MISSION COMMUNITY HOSPITAL | PANORAMA CITY | 2,183 | 80,748 | 2.7% |
AMERICAN RECOVERY CENTER | POMONA | 151 | 5,696 | 2.7% |
TRI-CITY MEDICAL CENTER | OCEANSIDE | 7,859 | 297,525 | 2.6% |
MARINA DEL REY HOSPITAL | MARINA DEL REY | 2,506 | 94,994 | 2.6% |
GARDEN GROVE HOSPITAL & MEDICAL CENTER | GARDEN GROVE | 1,999 | 77,235 | 2.6% |
PALOMAR MEDICAL CENTER | ESCONDIDO | 8,770 | 339,398 | 2.6% |
PROMISE HOSPITAL ELA- ELA CAMPUS, SUBURBAN CAMPUS | LOS ANGELES | 2,036 | 82,135 | 2.5% |
OROVILLE HOSPITAL | OROVILLE | 3,662 | 150,807 | 2.4% |
BARLOW RESPIRATORY HOSPITAL | LOS ANGELES | 1,161 | 48,494 | 2.4% |
EDEN MEDICAL CENTER | CASTRO VALLEY | 7,187 | 315,066 | 2.3% |
EMANUEL MEDICAL CENTER | TURLOCK | 4,099 | 183,088 | 2.2% |
AHMC ANAHEIM REGIONAL MEDICAL CENTER | ANAHEIM | 4,358 | 197,458 | 2.2% |
SUTTER DELTA MEDICAL CENTER | ANTIOCH | 3,276 | 157,066 | 2.1% |
HUNTINGTON MEMORIAL HOSPITAL | PASADENA | 10,237 | 498,553 | 2.1% |
PIONEERS MEMORIAL HEALTHCARE DISTRICT | BRAWLEY | 1,968 | 96,215 | 2.0% |
CHILDREN'S HOSPITAL AT MISSION | MISSION VIEJO | 1,041 | 50,968 | 2.0% |
LOMA LINDA UNIVERSITY BEHAVIORAL MEDICINE CENTER | REDLANDS | 583 | 28,628 | 2.0% |
TORRANCE MEMORIAL MEDICAL CENTER | TORRANCE | 7,962 | 436,398 | 1.8% |
OAK VALLEY HOSPITAL | OAKDALE | 906 | 50,292 | 1.8% |
HUNTINGTON BEACH HOSPITAL | HUNTINGTON BEACH | 805 | 47,100 | 1.7% |
POMERADO HOSPITAL | POWAY | 2,438 | 146,547 | 1.7% |
GOOD SAMARITAN HOSPITAL | LOS ANGELES | 4,633 | 292,380 | 1.6% |
QUEEN OF THE VALLEY MEDICAL CENTER | NAPA | 3,619 | 250,778 | 1.4% |
MAYERS MEMORIAL HOSPITAL | FALL RIVER MILLS | 229 | 17,999 | 1.3% |
ST. JOSEPH MEDICAL CENTER | STOCKTON | 5,005 | 404,617 | 1.2% |
PALO VERDE HOSPITAL | BLYTHE | 342 | 27,712 | 1.2% |
GEORGE L. MEE MEMORIAL HOSPITAL | KING CITY | 719 | 60,529 | 1.2% |
CITRUS VALLEY MEDICAL CENTER | WEST COVINA | 3,932 | 338,836 | 1.2% |
DESERT VALLEY HOSPITAL | VICTORVILLE | 936 | 81,306 | 1.2% |
PROVIDENCE LITTLE CO. OF MARY MEDICAL CENTER TORRANCE | TORRANCE | 3,722 | 334,641 | 1.1% |
GLENDALE ADVENTIST MEDICAL CENTER | GLENDALE | 3,705 | 341,532 | 1.1% |
BUTTE COUNTY MENTAL HEALTH - PHF | CHICO | 38 | 3,632 | 1.1% |
MERCY MEDICAL CENTER | MERCED | 2,016 | 236,015 | 0.9% |
SIERRA NEVADA MEMORIAL HOSPITAL | GRASS VALLEY | 1,032 | 122,489 | 0.8% |
FOOTHILL PRESBYTERIAN HOSPITAL | GLENDORA | 570 | 69,776 | 0.8% |
ALHAMBRA HOSPITAL - ALHAMBRA | ALHAMBRA | 649 | 82,446 | 0.8% |
KAWEAH DELTA HEALTH CARE DISTRICT | VISALIA | 3,419 | 436,558 | 0.8% |
REDLANDS COMMUNITY HOSPITAL | REDLANDS | 1,814 | 251,053 | 0.7% |
SHARP CHULA VISTA MEDICAL CENTER | CHULA VISTA | 1,900 | 280,904 | 0.7% |
BETTY FORD CENTER | RANCHO MIRAGE | 178 | 35,591 | 0.5% |
NOVATO COMMUNITY HOSPITAL | NOVATO | 293 | 61,541 | 0.5% |
SIERRA KINGS HEALTH CARE DISTRICT | REEDLEY | 122 | 27,922 | 0.4% |
OLYMPIA MEDICAL CENTER | LOS ANGELES | 382 | 109,565 | 0.3% |
NORTH VALLEY BEHAVIORAL HEALTH-PHF | YUBA CITY | 13 | 3,986 | 0.3% |
ST HELENA HOSPITAL CENTER FOR BEHAVIORAL HEALTH | VALLEJO | 49 | 20,646 | 0.2% |
WATSONVILLE COMMUNITY HOSPITAL | WATSONVILLE | 236 | 104,175 | 0.2% |
VERDUGO HILLS HOSPITAL | GLENDALE | 65 | 76,708 | 0.1% |
JOHN F. KENNEDY MEMORIAL HOSPITAL | INDIO | 64 | 112,560 | 0.1% |
KEDREN COMMUNITY MENTAL HEALTH CENTER | LOS ANGELES | 11 | 26,523 | 0.0% |
EL DORADO COUNTY MENTAL HEALTH-PHF | PLACERVILLE | - | 2,321 | 0.0% |
MARIE GREEN PSYCHIATRIC CENTER -PHF | MERCED | - | 3,545 | 0.0% |
SACRAMENTO COUNTY MENTAL HEALTH CTR-PHF | SACRAMENTO | - | 28,603 | 0.0% |
SAN JOAQUIN COUNTY MENTAL HEALTH - PHF | STOCKTON | - | 6,913 | 0.0% |
SUTTER-YUBA - PHF | YUBA CITY | - | 3,845 | 0.0% |
ATASCADERO STATE HOSPITAL | ATASCADERO | (0) | 225,448 | 0.0% |
Total all 169 In The Middle | 2,408,619 | 42,481,485 | 5.7% |
Anyway, when you have 37% of your State Hospitals generating Operating Losses, you have a financial problem with your State's Hospitals that you have to quickly address.
By far the best and only economically good way to put a major dent in the Huge Operating Losses of the so many California struggling Hospitals is for the State of California to fully expand Medicaid, which they wisely have done. Since California did this, there will be a resultant massive inflow of Patient Revenues from Medicaid expansion, after all there were $4.831 bil of Total Provisions for Bad Debts Charges that reduced the Total Operating Revenues of all California Hospitals in 2011. In addition, there were huge Uncompensated Charity Care Costs Incurred in 2011.
With this massive inflow of Revenues due to Medicaid expansion in California, the struggling California Hospitals will be able to substantially reduce their huge Operating Losses and a huge majority of them should even be able to turn their substantial losses into profits. And due to Medicaid expansion, the California Hospitals with very modest Operating Income will have their profits bolstered very robustly, as will the California Hospitals now making higher than modest Operating Income.
Also since California fully expanded Medicaid, another key beneficiary of the resultant very healthy profit improvement and thus also Total Net Assets improvement of all California Hospitals will be the California citizens electing to buy health insurance on the Health Insurance Exchange. This exceptional Net Asset growth from Medicaid expansion should in all fairness give all California Hospitals the financial flexibility to moderate their pricing for hospital and other health care procedures in their negotiations with health insurance companies which ultimately determines what insurance premium prices are set at by health insurance companies on the Health Insurance Exchange.