Cedars-Sinai

What it reported doing in 2024

Clinical care: the care provided at cedars-sinai is as unique and vibrant as the communities it serves. Cedars-sinai is committed to clinical care, research and education to meet the needs of the communities we serve and improve the health of our patients. In fiscal year 2025, cedars-sinai medical center reported 296,191 inpatient days and 965,181 outpatient visits. Other volume measures include 46,731 inpatient admissions, and 90,276 emergency department visits. (see schedule o for continuation)(continued)as one of the largest academic medical centers in the western united states, cedars-sinai provides many highly specialized services that are not available at most other hospitals, and which require a significant infrastructure of technology and expert staffing. In fiscal year 2025, surgeons at cedars-sinai performed the nation's first robot-assisted microsurgical head and neck cancer reconstruction. This breakthrough allows surgery on blood vessels thinner than a human hair and reflects cedars-sinai's commitment to innovation and advances in patient care. The comprehensive transplant center and smidt heart institute at cedars-sinai completed 682 solid-organ transplants in calendar year 2024, with survival rates meeting or exceeding the national average. Cedars-sinai is among the top 10 u.s. Transplant centers by volume and is known for accepting complex, high-risk cases. Cedars-sinai guerin children's marked its third anniversary by serving more families and adding innovations that include a neuro-neonatal intensive care unit protecting newborns' brains, a small-baby unit supporting premature infants, and a genomics center to better understand and treat pediatric diseases. Cedars-sinai earned a five-star rating from the centers for medicare & medicaid services for the eighth time in a row. Around 10% of u.s. Hospitals receive this highest distinction, which measures categories including safety, readmissions, patient experience and effective care.

Financial Efficiency

• Mission deployment rate: 77.9%; rating input score 78
• Program expense ratio: 87.6%; rating input score 88
• Fundraising efficiency: $23.61 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 31st percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 2 of 8 controls in place; rating input score 25
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 99.6%; rating input score 100; 42nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 79.4%; rating input score 79; 27th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 19.1%; rating input score 86; 86th percentile among comparable filings
• Total-asset coverage ratio: 2.79; rating input score 74; 74th percentile among comparable filings
• Liabilities to assets ratio: 0.25; rating input score 62; 62nd percentile among comparable filings
• Officer compensation ratio: 0.9%; rating input score 76; 76th percentile among comparable filings

Growth

• Program expense growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
• Revenue growth: 5.5% per year; rating input score 100; 48th percentile among comparable filings
• Asset growth: 9.1% per year; rating input score 100; 65th percentile among comparable filings