NORTHWESTERN MEMORIAL HOSPITAL — financial and operating metrics

CCN 140281, CHICAGO, IL · 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 availableunverified874874874930944930
Total bed days availableunverified325,828319,010319,010319,382338,882339,026
Total facility dischargesunverified41,89141,89145,52145,59957,99859,224
Total facility inpatient daysunverified271,892292,973297,604299,032308,341312,374
Total patient revenue (gross charges)unverified$7,596,288,666$9,175,579,287$9,899,784,540$10,976,219,351$12,128,265,170$13,627,404,225
Contractual allowances and discountsunverified$5,804,279,359$6,951,355,935$7,709,703,462$8,596,022,970$9,531,395,524$10,812,037,243
Net patient revenueunverified$1,792,009,307$2,224,223,352$2,190,081,078$2,380,196,381$2,596,869,646$2,815,366,982
Total operating expensesunverified$2,232,104,704$2,449,776,841$2,561,152,752$2,817,697,168$3,008,806,438$3,373,846,514
Net income from service to patientsunverified$-440,095,397$-225,553,489$-371,071,674$-437,500,787$-411,936,792$-558,479,532
Net incomeunverified$155,507,262$198,317,740$229,434,435$189,870,976$296,290,011$265,814,370
Cost of uncompensated careunverified$58,297,967$39,408,749$43,531,806$41,148,485$45,607,283$56,792,456
Total facility bad debt expenseunverified$45,985,845$18,776,835$24,201,617$34,979,506$32,220,689$48,608,197
Charity care charges and uninsured discountsunverified$157,685,649$145,838,378$154,307,348$122,082,743$145,645,846$193,854,056
Cost of charity careunverified$48,564,761$34,551,797$38,322,113$34,191,743$39,524,995$48,435,971
Charges for insured patients' liabilityunverified$6,846,151$4,314,009
Operating marginunverified-24.6%-10.1%-16.9%-18.4%-15.9%-19.8%
Overall cost-to-charge ratiounverified29.4%26.7%25.9%25.7%24.8%24.8%
Occupancy rateunverified83.4%91.8%93.3%93.6%91.0%92.1%
Average length of stayunverified6.57.06.56.65.35.3
Uncompensated care as % of operating expenseunverified2.6%1.6%1.7%1.5%1.5%1.7%
Charity care cost-to-charge ratiounverified30.8%23.7%24.8%28.0%27.1%25.0%
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