CCN 220010, LAWRENCE, MA · 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 186 | 186 | 186 | 186 | 186 | 186 |
| Total bed days availableunverified | 68,076 | 67,890 | 67,890 | 67,890 | 68,076 | 67,890 |
| Total facility dischargesunverified | 10,908 | 10,422 | 10,521 | 11,332 | 10,464 | 10,534 |
| Total facility inpatient daysunverified | 41,421 | 41,686 | 45,639 | 49,593 | 51,023 | 50,235 |
| Total patient revenue (gross charges)unverified | $527,265,161 | $668,377,159 | $672,637,242 | $689,090,820 | $755,451,637 | $814,905,355 |
| Contractual allowances and discountsunverified | $307,426,331 | $385,492,879 | $383,385,242 | $379,770,820 | $448,759,637 | $503,707,355 |
| Net patient revenueunverified | $219,838,830 | $282,884,280 | $289,252,000 | $309,320,000 | $306,692,000 | $311,198,000 |
| Total operating expensesunverified | $299,696,923 | $326,348,281 | $324,520,000 | $345,497,000 | $339,534,000 | $365,333,000 |
| Net income from service to patientsunverified | $-79,858,093 | $-43,464,001 | $-35,268,000 | $-36,177,000 | $-32,842,000 | $-54,135,000 |
| Net incomeunverified | $-13,142,093 | $-10,718,000 | $-9,384,000 | $-5,383,000 | $-9,258,000 | $783,000 |
| Cost of uncompensated careunverified | $11,305,285 | $10,024,719 | $8,456,053 | $9,999,331 | $9,202,735 | $12,541,208 |
| Total facility bad debt expenseunverified | $13,839,342 | $14,177,281 | $12,835,393 | $13,042,633 | $14,354,683 | $18,485,855 |
| Charity care charges and uninsured discountsunverified | $7,767,924 | $8,687,134 | $8,100,210 | $11,184,040 | $10,177,705 | $17,510,092 |
| Cost of charity careunverified | $4,263,465 | $3,957,152 | $3,372,102 | $4,736,387 | $3,877,749 | $6,158,662 |
| Charges for insured patients' liabilityunverified | — | — | — | $29,693 | $53,272 | $21,966 |
| Operating marginunverified | -36.3% | -15.4% | -12.2% | -11.7% | -10.7% | -17.4% |
| Overall cost-to-charge ratiounverified | 56.8% | 48.8% | 48.2% | 50.1% | 44.9% | 44.8% |
| Occupancy rateunverified | 60.8% | 61.4% | 67.2% | 73.0% | 75.0% | 74.0% |
| Average length of stayunverified | 3.8 | 4.0 | 4.3 | 4.4 | 4.9 | 4.8 |
| Uncompensated care as % of operating expenseunverified | 3.8% | 3.1% | 2.6% | 2.9% | 2.7% | 3.4% |
| Charity care cost-to-charge ratiounverified | 54.9% | 45.6% | 41.6% | 42.3% | 38.1% | 35.2% |