CARNEY HOSPITAL — financial and operating metrics

CCN 220017, BOSTON, MA · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2024 (242 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
242d
Total facility beds availableunverified110106106106106106
Total bed days availableunverified40,15038,79638,69038,69038,69025,758
Total facility dischargesunverified4,3624,0943,4842,8612,6381,369
Total facility inpatient daysunverified21,88623,64720,76019,79618,3268,886
Total patient revenue (gross charges)unverified$200,099,918$178,092,092$170,606,055$172,082,666$180,257,490$99,656,495
Contractual allowances and discountsunverified$93,096,088$73,110,297$79,063,603$79,905,996$87,794,871$49,180,047
Net patient revenueunverified$107,003,830$104,981,795$91,542,452$92,176,670$92,462,619$50,476,448
Total operating expensesunverified$145,063,944$156,318,725$130,001,903$135,136,398$133,778,034$85,431,826
Net income from service to patientsunverified$-38,060,114$-51,336,930$-38,459,451$-42,959,728$-41,315,415$-34,955,378
Net incomeunverified$-9,690,692$4,993,301$-356,455$-20,321,019$-6,516,658$-19,506,949
Cost of uncompensated careunverified$4,203,425$4,321,894$2,745,943$1,783,721$2,636,915$2,241,611
Total facility bad debt expenseunverified$4,551,280$3,766,279$3,151,097$1,749,332$2,614,998$1,609,405
Charity care charges and uninsured discountsunverified$2,962,537$2,574,301$1,473,122$1,238,439$1,932,394$1,614,824
Cost of charity careunverified$1,833,246$1,946,363$996,790$837,240$1,197,291$1,182,730
Charges for insured patients' liabilityunverified$7,541$2,145
Operating marginunverified-35.6%-48.9%-42.0%-46.6%-44.7%-69.3%
Overall cost-to-charge ratiounverified72.5%87.8%76.2%78.5%74.2%85.7%
Occupancy rateunverified54.5%61.0%53.7%51.2%47.4%34.5%
Average length of stayunverified5.05.86.06.96.96.5
Uncompensated care as % of operating expenseunverified2.9%2.8%2.1%1.3%2.0%2.6%
Charity care cost-to-charge ratiounverified61.9%75.6%67.7%67.6%62.0%73.2%
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