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L.A. County hospitals: ranked by net patient revenue.


EXECUTIVE SUMMARY

THE Business Journal compiled two lists of hospitals this year--one ranked by net patient revenues and the other ranked by the average number of staffed beds. Both lists use financial and bed data for the tour quarters ended Sept. 30.

Cedars-Sinai Medical Center Cedars-Sinai Medical Center is a world-renowned hospital located in Los Angeles, California. History
Cedars-Sinai is the result of a merger in 1961 between two major Los Angeles hospitals, Cedars of Lebanon and Mount Sinai Home for the Incurables, with Steve Broidy as
, L.A. County+USC An abbreviation for U.S. Code.  Medical Center, UCLA Medical Center UCLA Medical Center is a hospital located on the campus of the University of California, Los Angeles in Los Angeles, California. It is rated as one of the top three hospitals in the United States and is the top hospital on the West Coast according to US News & World Report.  and Long Beach Memorial Medical Center rank No. 1, 2, 3 and 4, respectively, on both lists. Beyond that, the lists deviate.

Six hospitals appear on the list ranked by net patient revenues, but not on the list ranked by staffed beds. City of Hope National Medical Center City of Hope is one of 39 NCI-designated Cancer Centers and is located in the city of Duarte, California. City of Hope comprises an ambulatory and in-patient cancer treatment center as well as a biomedical research facility known as the Beckman Research Institute and the City of Hope , ranked No. 12 by revenues, reported $272 million in net patient revenues. The Duarte-based cancer research and treatment institute has 151 staffed beds, fewest on the list, but provides expensive, cutting-edge medical care.

USC University Hospital, ranked No. 13 by revenues, reported $251 million in net patient revenues. The Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC.  Corp. hospital specializes in advanced surgical procedures Surgical procedures have long and possibly daunting names. The meaning of many surgical procedure names can often be understood if the name is broken into parts. For example in splenectomy, "ectomy" is a suffix meaning the removal of a part of the body. "Splene-" means spleen. .

Kaiser Foundation The mission of the Kaiser Foundation is to assist individuals and communities in preventing and reducing the harm associated with problem substance use and addictive behaviours. External links
  • Kaiser Foundation
 facilities appear on the list of hospitals ranked by staffed beds but do not appear on the revenue list because of the non-profit's unique structure. Kaiser members belong to its HMO HMO health maintenance organization.

HMO
n.
A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial,
 and may use any Kaiser-owned facility. Therefore, the hospitals do not report revenues in a conventional manner.

--David Nusbaum Nusbaum is a village in the district Bitburg-Prüm in Rhineland-Palatinate, Germany, situated in the southern part of the Eifel. Links
  • Ortsgemeinde Nusbaum
Coordinates:  


THE PACESETTER

CEDARS-SINAI MEDICAL CENTER

CEDARS-Sinai Medical Center tops this year's list of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  County-based hospitals with revenues of $1.27 billion and an average of 855 staffed beds for the 12-month period ended Sept. 30, 2005.

The hospital just opened its Saperstein Critical Care Tower, largely a replacement of its adult intensive care unit. The new facility has more beds and a helipad hel·i·pad  
n.
See heliport.


A prepared area designated and used for takeoff and landing of helicopters. (Includes touchdown or hover point.)
 on the top of the building.

Chief Executive Tom Priselac said the pad will expedite ex·pe·dite  
tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites
1. To speed up the progress of; accelerate.

2.
 the transfer of critical care patients, and also aid in the timely transportation of transplant transplant
 or graft

Partial or complete organ or other body part removed from one site and attached at another. It may come from the same or a different person or an animal. One from the same person—most often a skin graft—is not rejected.
 organs. Cedars-Sinai plans to use its former critical care space to expand operating rooms operating room
n. Abbr. OR
A room equipped for performing surgical operations.
 and provide additional pre- pre- word element [L.], before (in time or space).

pre-
pref.
1. Earlier; before; prior to: prenatal.

2.
 and post-operative recovery rooms.

Cedars-Sinai offers a full spectrum of medical care from basic hospital services to the most advanced programs, such as organ transplant organ transplant: see transplantation, medical. . It has one of the largest obstetric ob·stet·ric or ob·stet·ri·cal
adj.
Of or relating to the profession of obstetrics or the care of women during and after pregnancy.



obstetrical, obstetric

pertaining to or emanating from obstetrics.
 programs in the county, delivering about 6,500 babies per year.

Cedars-Sinai is also a private independent academic medical center. It spends $65 million per year on medical research and its residency A duration of stay required by state and local laws that entitles a person to the legal protection and benefits provided by applicable statutes.

States have required state residency for a variety of rights, including the right to vote, the right to run for public office, the
 and training programs are highly sought after. The hospital trains about 300 residents and post-graduate fellows.

The hospital reported $68.6 million in net income from operations for the four quarters ended Sept. 30, up $24.7 million or 55 percent from the same period a year earlier. Its operating margin Operating Margin

A ratio used to measure a company's pricing strategy and operating efficiency.

Calculated by:
 increased to 4.8 percent from 3.5 percent. In the last fiscal year, it provided $135 million worth of community benefit services. The hospital has 8,817 on its staff, including 1,957 doctors and 2,112 registered nurses.

--David Nusbaum
Rank    Hospital                                           Net Patient
        * name                                              Revenues
        * address                                         (in millions)
                                                           * 2005 (1)
                                                           * 2004 (1)

   1    Cedars-Sinai Medical Center                         $1,273.3
        8700 Beverly Blvd.                                  $1,105.2
        Los Angeles 90048
   2    L.A. County+USC Medical Center                        882.9
        1200 N. State St.                                     918.1
        Los Angeles 90033
   3    UCLA Medical Center                                   769.8
        10833 LeConte Ave.                                    733.8
        Los Angeles 90095
   4    Long Beach Memorial Medical Center (5)                558.6
        2801 Atlantic Ave.                                    520.4
        Long Beach 90806
   5    L.A. County-Harbor UCLA Medical Center                453.8
        1000 W. Carson St.                                     437
        Torrance 90509
   6    Huntington Memorial Hospital                          354.8
        100 W. California Blvd.                               332.7
        Pasadena 91105
   7    Torrance Memorial Medical Center                      297.5
        3330 Lomita Blvd.                                     262.4
        Torrance 90505
   8    LAC/Martin Luther King Jr. Drew Medical Center        290.7
        12021 Wilmington Ave.                                 273.8
        Los Angeles 90059
   9    Pomona Valley Hospital Medical Center                 280.2
        1798 N. Garey Ave.                                    243.3
        Pomona 91767
  10    Providence Saint Joseph Medical Center                279.7
        501 S. Buena Vista St.                                254.9
        Burbank 91505
  11    Childrens Hospital Los Angeles                        277.3
        4650 Sunset Blvd.                                     279.3
        Los Angeles 90027
  12    City of Hope National Medical Center                  272.2
        1500 E. Duarte Road                                   234.7
        Duarte 91010
  13    USC University Hospital                               251.6
        1500 San Pablo St.                                     242
        Los Angeles 90033
  14    Presbyterian Intercommunity Hospital Inc.             251.1
        12401 Washington Blvd.                                 230
        Whittier 90602
  15    L.A. County Olive View-UCLA Medical Center            243.5
        14445 Olive View Drive                                275.3
        Sylmar 91342
  16    Citrus Valley Medical Center (6)                      239.8
        210 W. San Bernardino Road                            217.9
        Covina 91722
  17    Northridge Hospital Medical Center                    236.5
        18300 Roscoe Blvd.                                    216.1
        Northridge 91328
  18    Glendale Adventist Medical Center (1)                 216.9
        1509 Wilson Terrace                                   202.9
        Glendale 91206
  19    Encino-Tarzana Regional Medical Center                213.3
        18321 Clark St.                                       190.6
        Tarzana 91356
  20    St. Francis Medical Center                            212.5
        3630 E. Imperial Highway                              203.7
        Lynwood 90262
  21    Good Samaritan Hospital-Los Angeles                   205.3
        1225 Wilshire Blvd.                                   184.7
        Los Angeles 90017
  22    Centinela Freeman Hospital Medical Center (7)         200.3
        555 E. Hardy St.                                      182.5
        Inglewood 90301
  23    Little Company of Mary Hospital--Torrance             195.3
        4101 Torrance Blvd.
        Torrance 90503
  24    Antelope Valley Hospital                              190.5
        1600 W. Ave. J                                        186.2
        Lancaster 93534
  25    St. John's Hospital                                   188.3
        1328 22nd St.                                         186.8
        Santa Monica 90404

Rank    Operating          Beds                Profile
          Margin      * staffed (2)            * owner
        * 2005 (1)    * licensed (3)        * year founded
        * 2004 (1)

   1       4.8%            855           Cedars-Sinai Health
           3.5%            877                  System
                                                 1902
   2       -1.5            679            Los Angeles County
            11            1,395                  1932
   3       3.5             644                UC Regents
           -7.3            671                   1955
   4       4.5             563           MemorialCare Medical
           -4.5            743                 Centers
                                                 1907
   5       10.4            318            Los Angeles County
            13             553                   1946
   6        5              383            Pasadena Hospital
            5              522               Association
                                                 1892
   7       5.4             280            Torrance Hospital
            2              377               Association
                                                 1925
   8      -47.3            182            Los Angeles County
          -32.6            537                   1972
   9       4.5             444            Community Board of
           0.7             444                Directors
                                                 1903
  10       2.5             380            Providence Health
           1.1             470                  System
                                                 1943
  11      -52.4            286          Childrens Hospital Los
          -18.8            286                 Angeles
                                                 1901
  12       -4.3            151          City of Hope National
           -6.6            178               Med. Center
                                                 1913
  13       -3.8            178          Tenet Healthcare Corp.
           -3.3            269                   1991
  14       13.5            229            InterHealth Corp.
           16.1            483                   1959
  15      -17.5            238            Los Angeles County
           8.6             377                    NA
  16       1.4             547           Citrus Valley Health
           -0.8            547                 Partners
                                                 1922
  17       5.8             415           Catholic Healthcare
           0.5             425                   West
                                                 1955
  18       0.7             394             Adventist Health
            3              448                   1905
  19       -7.8            285          Tenet Healthcare Corp.
           -8.9            387                   1954
  20       1.5             384           Daughters of Charity
           4.7             384              Health System
                                                 1945
  21       -4.9            361              Good Samaritan
          -12.1            408                 Hospital
                                                 1885
  22       -2.5            289            Centinela Freeman
          -13.7            370               HealthSystem
                                                 1924
  23       -2.8            322            Providence Health
                           483                 Systems
                                                 1960
  24       -5.3            332             Antelope Valley
           -6.6            350           Healthcare District
                                                 1953
  25       -17             212          Sisters of Charity of
           -9.9            284          Leavenworth Hlth. Sys.
                                                 1942

Rank        Staff                     Hospital Specialties
           * total                       (partial list)
        * doctors (4)
        * registered
           nurses

   1        8,817          cancer, cardiac, chest diseases, coronary
            1,957             care, digestive diseases, emergency,
            2,112        gastroenterology, imaging, neonatal intensive
                                     care, trauma level III
   2        7,000        burn center, cancer, coronary care, perinatal,
             825           psychiatric, rheumatology, trauma level I,
            1,200           wound service, pediatric intensive care
   3         NA                     academic medical center
             NA
             NA
   4        5,262          cancer, cardiac, coronary care, emergency,
             NA                imaging, neonatal intensive care,
            1,547          neurosciences, pediatrics, trauma level I
   5        3,497          brachial plexis surgery, cancer, cardiac,
             845            chest diseases, coronary care, digestive
             926         diseases, emergency, gastroenterology, imaging
   6        2,978          cancer, cardiac, chest diseases, coronary
             290              care, digestive diseases, emergency,
             894         gastroenterology, imaging, neonatal intensive
                                     care, trauma level II
   7        2,950            burn center, cancer, cardiac, chemical
             950           dependency, chest diseases, coronary care,
             NA                  digestive diseases, emergency,
                                   gastroenterology, imaging
   8         NA               emergency, neonatal intensive care,
             NA                   psychiatric, trauma level I
             NA
   9        2,765          cancer, cardiac, chest diseases, coronary
             618              care, digestive diseases, emergency,
             951         gastroenterology, imaging, neonatal intensive
                                        care, nephrology
  10        2,205          cancer, cardiac, chest diseases, coronary
             675             care, digestive diseases, emergency,
             602         gastroenterology, imaging, neonatal intensive
                                      care, neurosciences
  11        3,814            burn center, cancer, cardiac, chemical
             523           dependency, chest diseases, coronary care,
             996            digestive diseases, emergency, neonatal
                                   intensive care, transplant
  12        2,232            cancer, imaging, pediatrics, radiation
             158          oncology, biomedical research and treatment
             494
  13        1,369           cardiac, neurosciences, sports medicine,
             318           transplant, arhritis/joint surgery, gamma
             414                 knife, otolaryngology, urology
  14        2,618        cancer, cardiac, chemical dependency, coronary
             575              care, digestive diseases, emergency,
             878         gastroenterology, imaging, neonatal intensive
                                              care
  15         NA                      emergency, orthopedics
             NA                          ophthalmology
             NA
  16        2,410          cancer, cardiac, coronary care, emergency,
             700         imaging, neonatal intensive care, orthopedics,
             NA                 psychiatric, radiation oncology
  17        2,001          cancer, cardiac, chest diseases, coronary
             844         care, digestive diseases, emergency, imaging,
             581          neonatal intensive care, trauma center level
                                               II
  18        2,205         cancer, cardiac, chemical dependency, chest
             587          diseases, coronary care, digestive diseases,
             638              emergency, gastroenterology, imaging
  19         NA            cancer, cardiac, coronary care, emergency,
             NA              neonatal intensive care, orthopedics,
             NA          pediatrics, sports medicine, women's services
  20        1,948        brachial plexis surgery, burn center, cancer,
             330            cardiac, chest diseases, coronary care,
             621         digestive diseases, emergency, imaging, trauma
                                            level II
  21        1,300         cardiac, coronary care, emergency, neonatal
             625          intensive care, neurosciences, orthopedics,
             450                       radiation oncology
  22         NA               emergency, neonatal intensive care,
             NA             orthopedics, pediatrics, sports medicine
             NA
  23         NA            cancer, cardiac, chest diseases, coronary
            1,000             care, digestive diseases, emergency,
             NA          gastroenterology, imaging, neonatal intensive
                                        care, nephrology
  24        2,100        cardiac, chemical dependency, chest diseases,
             350         coronary care, digestive diseases, emergency,
             700         gastroenterology, imaging, neonatal intensive
                                             care
  25         NA          cancer, cardiac, orthopedics, women's services
             NA
             NA

Rank    Top Local Executive
        * name
        * title
        * phone

   1    Thomas M. Priselac
        ceo, president
        (310) 423-3277
   2    Pete Delgado
        ceo
        (323) 226-2622
   3    Dr. David L. Callendar
        ceo
        (310) 825-8911
   4    T. M. Brailsford/B. Arbuckle
        interim ceo/ceo, president
        (562) 933-2000
   5    Tecla A. Mickoseff
        ceo
        (310) 222-2345
   6    Stephen Ralph
        ceo
        (626) 397-5000
   7    Craig Leach
        ceo, president
        (310) 325-9110
   8    Antionette Smith-Epps
        ceo
        (310) 603-5201
   9    Richard E. Yochum
        ceo
        (909) 865-9500
  10    Patrick Petre
        administrator
        (818) 843-5111
  11    Walter W. Noce Jr.
        ceo
        (323) 660-2450
  12    Dr. James Miser
        ceo, chief med. officer
        (626) 256-4673
  13    Dr. Stephen L. Newman
        ceo, Tenet California
        (323) 342-8500
  14    James R. West
        ceo, president
        (562) 698-0811
  15    Melinda D. Anderson
        administrator
        (818) 364-1555
  16    James Yoshioka
        ceo
        (626) 331-7331
  17    Michael L. Wall
        president
        (818) 885-8500
  18    Scott Reiner
        ceo, president
        (818) 409-8000
  19    Dale Surowitz
        ceo
        (818) 881-0800
  20    Gerald T. Kozai
        ceo, president
        (310) 900-8900
  21    Andew B. Leeka
        ceo
        (213) 977-2121
  22    Michael Rembis
        ceo
        (310) 673-4660
  23    Blair Contratto
        ceo
        (310) 540-7676
  24    Leslie H. Wong
        ceo
        (661) 949-5000
  25    Lou Lazatin
        ceo
        (310) 829-5511

NA--Not Available

(1) For the 12 months ended Sept. 30.

(2) Staffed beds: the average daily complement of beds (excluding
nursery) that are set up, staffed, equipped, and in all respects, ready
for use by patients remaining in the hospital overnight.

(3) Licensed beds: the number of licensed beds (exluding nursery
bassinets) stated on the hospital license at the end of the reporting
period.

(4) Doctors are not directly employed by hospitals, but are given staff
privileges.

(5) Includes Miller Children's Hospital.

(6) Inter-Community Campus and Queen of the Valley Campus.

(7) Centinela Campus.

Note: Bed information and occupancy rate was obtained from the Office
of Statewide Health Planning and Development (O.S.H.P.D.) Quarterly
Financial Reports. Data on this list is from the four quarters ended
Sept. 30. Other information was provided by the hospitals themselves.
Only general acute care facilities were included. Hospitals are ranked
by revenues for the 12 months ended Sept. 30, 2005.

To the best of our knowledge, this information is accurate as of press
time. While every effort is made to ensure the accuracy and
thoroughness of the list, omissions and typographical errors sometimes
occur. Please send corrections or additions on company letterhead to
the Research Department, Los Angeles Business Journal, 5700 Wilshire
Blvd., Suite 170, Los Angeles 90036. [c]2006 Los Angeles Business
Journal. This list may not be reprinted in whole or in part without
prior written permission from the editor. Reprints are available from
Wright's Reprints, (877) 652-5295.
COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:The List
Author:Nusbaum, David
Publication:Los Angeles Business Journal
Geographic Code:1U9CA
Date:Feb 20, 2006
Words:2064
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