GREENWICH HOSPITAL ASSOCIATION - — financial and operating metrics

CCN 070018, GREENWICH, CT · Medicare cost reports, FY2020–FY2025

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified184186186185195196
Total bed days availableunverified67,34467,89067,89067,52571,37071,540
Total facility dischargesunverified10,15310,98610,46310,0828,9858,930
Total facility inpatient daysunverified48,55953,90352,20649,43347,67145,695
Total patient revenue (gross charges)unverified$1,218,094,955$1,426,104,983$1,584,193,123$1,613,841,407$1,652,258,398$1,681,966,022
Contractual allowances and discountsunverified$822,338,389$965,717,098$1,086,179,127$1,128,920,566$1,130,712,075$1,169,302,458
Net patient revenueunverified$395,756,566$460,387,885$498,013,996$484,920,841$521,546,323$512,663,564
Total operating expensesunverified$458,971,609$481,945,937$527,429,788$531,299,537$544,484,550$562,554,234
Net income from service to patientsunverified$-63,215,043$-21,558,052$-29,415,792$-46,378,696$-22,938,227$-49,890,670
Net incomeunverified$14,932,001$65,829,032$-25,879,841$425,093$43,776,462$30,434,861
Cost of uncompensated careunverified$10,513,869$5,585,093$6,858,511$8,616,527$9,218,995$11,288,418
Total facility bad debt expenseunverified$15,869,826$7,181,050$12,390,419$16,765,282$16,923,961$20,474,051
Charity care charges and uninsured discountsunverified$15,036,048$10,685,328$10,242,638$13,062,258$16,507,507$16,237,710
Cost of charity careunverified$5,684,999$3,664,556$3,441,938$3,984,548$4,721,950$5,291,779
Charges for insured patients' liabilityunverified$41,935
Operating marginunverified-16.0%-4.7%-5.9%-9.6%-4.4%-9.7%
Overall cost-to-charge ratiounverified37.7%33.8%33.3%32.9%33.0%33.4%
Occupancy rateunverified72.1%79.4%76.9%73.2%66.8%63.9%
Average length of stayunverified4.84.95.04.95.35.1
Uncompensated care as % of operating expenseunverified2.3%1.2%1.3%1.6%1.7%2.0%
Charity care cost-to-charge ratiounverified37.8%34.3%33.6%30.5%28.6%32.6%
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