Velarion Records

Short-term acute care hospital · Newport Beach, California · 512 beds · CMS certification number 050224

Hoag Memorial Hospital Presbyterian

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 30, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$1.9B
$1,936,386,594 · G-3 line 3
Operating expenses
$2.0B
$1,981,576,036 · G-3 line 4
Result from patient care
−$45.2M
−$45,189,442 · G-3 line 5
Margin on patient care
−2.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $238.4M in its first year on file (1997) to $1.9B in 2025.
  • Its result from patient care: −$102.8M (2023), −$73.6M (2024), −$45.2M (2025).
  • 3 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 2025.
  • Medicaid paid for 1.5% of its inpatient days and Medicare for 28.3%.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
settled with audit
$238.4M
$238.4M
1998
reopened
$282.4M
$271.3M
1999
reopened
$273.4M
$279.8M
2000
reopened
$306.9M
$309.5M
2001
settled
$329.4M
$343.5M
2002
settled
$371.8M
$377.0M
2003
reopened
$411.1M
$411.9M
2004
settled
$456.4M
$458.5M
2005
settled
$500.7M
$491.8M
2006
reopened
$557.5M
$572.7M
2007
reopened
$590.3M
$592.3M
2008
reopened
$693.3M
$714.5M
2009
reopened
$701.1M
$704.8M
2010
reopened
$750.4M
$757.3M
2011
reopened
$777.7M
$846.0M
2012
reopened
$757.3M
$760.8M
2013
reopened
$784.6M
$812.3M
2014
settled
$618.3M
$625.3M
2015
reopened
$822.5M
$838.4M
2016
reopened
$894.0M
$871.2M
2017
reopened
$941.6M
$930.0M
2018
reopened
$1.0B
$1.0B
2019
settled with audit
$1.1B
$1.1B
2020
as submitted
$1.1B
$1.2B
2021
as submitted
$1.3B
$1.3B
2022
as submitted
$1.4B
$1.4B
2023
as submitted
$1.6B
$1.7B
2024
as submitted
$1.7B
$1.8B
2025
as submitted
$1.9B
$2.0B

Beside its peers

Short-term acute care hospitals in California with 400 and over beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Hoag Memorial Hospital Presbyterian512$1,936,386,594$1,981,576,036−2.3%
Kaiser Foundation Hospital Los Angeles, Los Angeles492$1,349,365,876$1,208,616,43110.4%
Riverside Community Hospital, Riverside531$884,006,109$681,972,77422.9%
Southern California Hospital at Hollywood, Hollywood516$398,956,767$443,716,407−11.2%
Sutter Medical Center Sacramento, Sacramento523$1,879,221,523$1,897,867,016−1.0%
Torrance Memorial Health, Torrance493$897,751,608$907,121,385−1.0%

Patients and payers

Discharges
37,448
S-3 line 14, col 15
Inpatient days
159,090
S-3 line 14, col 8
Beds in use, on an average day
437.1
days ÷ days in year
Occupancy
85.1%
days ÷ bed days
Medicare share of days
28.3%
S-3 cols 6 ÷ 8
Medicaid share of days
1.5%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: HOAG PHYSICIAN, physician group; HOAG SPECIALTY, physician group; HOAG ORTHOPEDIC, gme consulting.

Type of control on its cost report: voluntary nonprofit, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 050224. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 30, 2026.