THE QUEENS MEDICAL CENTER — financial and operating metrics

CCN 120001, HONOLULU, HI · 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 availableunverified674674674674674762
Total bed days availableunverified237,863246,010246,010246,010246,684269,418
Total facility dischargesunverified28,50127,42228,49931,30933,20234,632
Total facility inpatient daysunverified180,111183,505199,151219,023225,174228,734
Total patient revenue (gross charges)unverified$3,409,653,466$3,789,733,640$4,370,864,785$4,900,166,010$5,462,962,950$5,852,631,289
Contractual allowances and discountsunverified$2,273,119,412$2,569,481,858$2,987,148,958$3,475,251,456$3,931,223,337$4,208,899,658
Net patient revenueunverified$1,136,534,054$1,220,251,782$1,383,715,827$1,424,914,554$1,531,739,613$1,643,731,631
Total operating expensesunverified$1,175,025,807$1,340,142,927$1,527,319,679$1,411,120,455$1,520,914,620$1,641,814,774
Net income from service to patientsunverified$-38,491,753$-119,891,145$-143,603,852$13,794,099$10,824,993$1,916,857
Net incomeunverified$64,013,030$279,420,895$-180,899,676$179,301,590$249,201,002$246,105,389
Cost of uncompensated careunverified$20,842,188$13,312,077$7,876,238$5,351,899$12,655,741$12,575,167
Total facility bad debt expenseunverified$45,723,838$29,689,363$21,751,890$7,889,502$28,635,185$34,329,101
Charity care charges and uninsured discountsunverified$32,274,896$18,854,208$7,100,004$13,887,065$25,602,037$19,884,914
Cost of charity careunverified$8,613,841$5,225,004$1,929,710$3,392,922$5,985,235$4,712,725
Charges for insured patients' liabilityunverified$2,715,499
Operating marginunverified-3.4%-9.8%-10.4%1.0%0.7%0.1%
Overall cost-to-charge ratiounverified34.5%35.4%34.9%28.8%27.8%28.1%
Occupancy rateunverified75.7%74.6%81.0%89.0%91.3%84.9%
Average length of stayunverified6.36.77.07.06.86.6
Uncompensated care as % of operating expenseunverified1.8%1.0%0.5%0.4%0.8%0.8%
Charity care cost-to-charge ratiounverified26.7%27.7%27.2%24.4%23.4%23.7%
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