Report to the Community
Cedars-Sinai’s success in 2021-22 was defined by the outstanding patient care provided by our exceptional physicians, nurses and caregivers; our nationally recognized academic achievements in research and education; and our strong community benefit programs and philanthropic partnerships.
Key Volumes and Other Statistics
July 1, 2021-June 30, 2022

1,022*
Licensed Beds

309,774*
Patient Days

1,797,455**
Outpatient Visits

50,132*
Admissions
124,844*
Emergency Visits

12,660+
Number of COVID-19 patients cared for from Feb. 2020 to Oct. 2022

15,043**
Full-Time Employees

2,993*
Physicians on Medical Staff

108,828
Volunteer Hours Donated By 2,622 Volunteers

597
Clinical Trials
2,800+ Peer-Reviewed Faculty Publications

#9
In Total NIH Funding Among Independent Hospitals in the U.S.
190 Grants Totaling $102,108,325

$232M
In Research Expenses
2,000+ Research Projects

227
Postdoctoral Scholars
56 PhD and MS Students

$1,047,742,000
Contribution for Community Benefit

$36.5M
Grants and Sponsorships Awarded to LA Nonprofit Organizations

$235,876,261
Philanthropic Dollars Raised

11,424
New and Renewed Donors
*Cedars-Sinai Medical Center + Cedars-Sinai Marina del Rey Hospital
**Cedars-Sinai Medical Center + Cedars-Sinai Marina del Rey Hospital + Cedars-Sinai Medical Network
Areas of Impact
Cedars-Sinai has been named the #1 hospital in California and #2 hospital in the nation in U.S. News & World Report's "2022-2023 Best Hospitals" rankings, and placed among the very best in 11 specialties nationwide. As such, we are deeply committed to leadership and excellence in delivering quality patient care for all, expanding the horizons of medical knowledge through innovative biomedical research, providing outstanding education and training for physicians and other healthcare professionals, improving the health status of the neediest in our community, and partnering with donors and organizations to support these pillars of our mission.

Cedars-Sinai Guerin Children’s, a new 26-bed facility for advanced pediatric care, opened in summer 2022, providing a seamless continuum of primary and specialty care for hospitalized patients and outpatients as they grow from newborns to adolescents to adults. | Our Geriatrics Program created a bone health and falls risk consultation program to catch at-risk people before they break a bone or to help them avoid another fracture in the future. | The Department of Obstetrics and Gynecology continued to show leadership in addressing maternal mental health with a maternal health screening tool for all women who give birth at Cedars-Sinai. | Surgeons in the Smidt Heart Institute pioneered the world’s first robotically assisted lung transplant and developed new minimally invasive techniques that speed healing. | Neurology and Neurosurgery launched the Acoustic Neuroma and Lateral Skull Base Tumor Program, further expanding innovative approaches to treating patients with these noncancerous tumors. | The Comprehensive Transplant Center and Smidt Heart Institute completed a record 573 solid organ transplants in 2021. | The Cancer Research Center for Health Equity and Community Outreach and Engagement teams developed a number of key initiatives that aggressively fight cancer in Southern California communities.

Cedars-Sinai scientists tested whether large batches of stem cells can reproduce in a low-gravity environment by sending them up in space. | A new study from the Smidt Heart Institute showed for the first time that the path toward heart failure differs for women and men. | Researchers in the Department of Neurology are investigating whether using advanced brain and eye imaging techniques can help improve diagnosis and treatment of multiple sclerosis. | Practice-changing research from Cedars-Sinai Cancer showed that a combination of hormone therapy plus pelvic lymph node radiation improved survival in prostate cancer patients. | The newly launched Department of Computational Biomedicine developed AI tools to help spine surgeons predict patient outcomes and address pain medication issues before they arise. | Hepatology experts made a discovery that opens a path toward designing a new treatment for alcohol-associated liver disease. | A study led by Cedars-Sinai investigators was the first to find that infection with the virus that causes COVID-19 can trigger a lasting immune response even among people who had mild symptoms or no symptoms at all.

Cedars-Sinai offers 15 residency programs and 89 fellowship programs in a variety of highly ranked specialties. In FY22, 23% of interviews for medical residencies at Cedars-Sinai were offered to underrepresented students, and 17% of those candidates matched in one of our programs. | Sixteen students graduated in our master’s degree programs in Health Delivery Science and Magnetic Resonance Imaging, and six more graduated from our PhD in Biomedical Sciences Program. | The Geri and Richard Brawerman Nursing Institute welcomed a record number of new nurses to the New-Graduate Registered Nurse Residency Program, which helps nurses throughout their first year of professional practice. Meanwhile, a shadowing pilot program that paired residents with nurses to help the residents understand a nurse’s scope of practice and build stronger professional relationships showed robust results. The Department of Nursing also launched an online platform to provide tools and resources to enhance mentoring relationships among nurses at any phase of their careers. | More than 13,000 learners visited the Women's Guild Simulation Center for Advanced Clinical Skills and got the opportunity to train on the newest equipment under the guidance of experienced leaders in the field.

Cedars-Sinai fulfills its mission by working closely with schools, local government, senior centers and other agencies to improve community health, better meet community needs and expand the capacity of other organizations to serve those who are most vulnerable. In FY22, Cedars-Sinai awarded a record $36.5 million in grants and sponsorships to more than 200 Los Angeles organizations working to improve healthcare access, civic engagement, social determinants of health and other nonmedical factors that influence health outcomes. | The COACH for Kids program adopted a new care model that connects medically underserved children and their families to free, integrated quality healthcare and other community resources with a single visit to its mobile medical units, in addition to providing physicals and immunizations. | Community Connect, Cedars-Sinai’s systemwide social determinants of health program, focuses on screening patients for health-related social needs and connecting them to community resources. In FY22, the program helped facilitate over 1,500 patient connections to community resources and provided high-touch interventions, such as home visits and resource navigation targeted to specific needs, to 157 patients.

Through their investments, many visionary philanthropists helped expand the frontiers of medical knowledge and transform our ability to use that knowledge in service of novel studies, treatments and training the next generation of physician-scientists. A significant gift in the area of reconstructive and plastic surgery is speeding advances in extremity reconstruction, limb salvage and microsurgery. | An endowed fellowship in cardiac surgery is setting new standards in cardiac training focused on improving hybrid cardiac procedures, heart and lung transplantations, and heart valve repair. | Thanks to a generous donation to the Board of Governors Innovation Center, researchers are discovering how cells impact human biology and unlocking approaches to fighting movement disorders and cancer. | A sizable contribution to the Cedars-Sinai General Fund is benefitting patients in diverse areas of urgent need. No matter their particular focus, our donors are changing the face of medicine and channeling their creativity and compassion for the good of our entire community.

In FY22, Cedars-Sinai continued to expand its geographic footprint throughout the region, enabling more people to access exceptional care. After years of community outreach efforts, Cedars-Sinai Marina del Rey Hospital broke ground on a new nine-story building. | On the east side, we opened a new 10,000-square-foot location offering urgent care for adults and children as well as primary care and OB-GYN care in the heart of Los Feliz—Cedars-Sinai’s first location serving communities in this area. | After formalizing our affiliation with Huntington Health in August 2021, Cedars-Sinai Cancer welcomed nine oncology specialists to its affiliate, Huntington Cancer Center. The cancer specialists will be based at Huntington’s Pasadena campus, making it easier for San Gabriel Valley residents to access innovative clinical trials and lifesaving treatment options. | The Cedars-Sinai Department of Neurology created a new role, vice chair for system integration, to spearhead the expansion of neurological care to affiliated regional hospitals and their communities. | Cedars-Sinai International also expanded its global presence with growing affiliations with partners in the Middle East, China, Mexico and beyond—including the latest one in Qatar—part of several major efforts to bring world-class care closer to patients around the globe.
Financials
Financial Snapshot |
|
---|---|
July 1, 2021 - June 30, 2022 |
|
INCOME AND EXPENSES |
|
Revenues from patient care and other sources |
$5,225,088,000 |
Expenses |
$4,908,684,000 |
Operating income |
$316,404,000 |
Nonoperating loss |
($336,062,000) |
Net loss used to support Cedars-Sinai mission |
($19,658,000) |
OTHER INFORMATION |
|
Long-term debt to be repaid |
$2,154,129,000 |
Capital expenditures for facilities, renovation, technology, other |
$340,572,000 |
This year's payment on long-term debt |
$35,271,000 |
COMMUNITY BENEFIT CONTRIBUTION |
|
Unreimbursed cost of direct medical care for the poor and underserved (excludes the unreimbursed cost of caring for Medicare patients)
|
$192,138,000 |
Unreimbursed cost of direct medical care for Medicare patients |
$548,989,000 |
Unreimbursed cost of caring for patients in specialty government programs |
$6,088,000 |
Community Benefit programs, charitable contributions, and education and training for physicians and other health professionals (includes hundreds of free community education and medical screening/immunization programs offered at the medical center and in local schools, homeless shelters and community centers) |
$178,023,000 |
Research programs
|
$122,504,000 |
Total quantifiable community benefit |
$1,047,742,000 |
Message
"With your help, Cedars-Sinai continues to lead the way as we address the complex and changing healthcare needs of one of the most diverse regions in the nation. We are deeply grateful to have the support of people and organizations who share our longstanding dedication to improving the lives of people in Los Angeles and beyond."
Chair, Board of Directors
President and CEO