HOLYOKE MEDICAL CENTER — financial and operating metrics

CCN 220024, HOLYOKE, 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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified165177201201201201
Total bed days availableunverified60,39064,61773,36573,36573,56673,365
Total facility dischargesunverified4,6695,0045,9906,0516,8667,416
Total facility inpatient daysunverified18,10523,09934,52833,74936,21137,372
Total patient revenue (gross charges)unverified$342,237,714$404,233,575$530,568,229$592,526,582$654,517,544$718,962,349
Contractual allowances and discountsunverified$203,658,351$252,975,739$353,688,231$400,588,785$436,669,465$471,649,468
Net patient revenueunverified$138,579,363$151,257,836$176,879,998$191,937,797$217,848,079$247,312,881
Total operating expensesunverified$173,302,939$188,145,583$208,316,802$238,113,896$256,543,968$284,726,681
Net income from service to patientsunverified$-34,723,576$-36,887,747$-31,436,804$-46,176,099$-38,695,889$-37,413,800
Net incomeunverified$18,252,581$781,745$48,096$-3,013,576$1,992,847$-15,354,862
Cost of uncompensated careunverified$2,285,828$1,195,384$1,875,652$3,220,268$3,785,523$4,064,250
Total facility bad debt expenseunverified$3,631,452$1,780,539$3,812,991$6,884,890$7,774,165$8,507,716
Charity care charges and uninsured discountsunverified$1,333,654$1,067,219$1,069,669$1,655,337$2,542,046$2,582,882
Cost of charity careunverified$748,801$515,307$510,834$715,978$941,820$990,335
Charges for insured patients' liabilityunverified$220,231$125,884$153,052
Operating marginunverified-25.1%-24.4%-17.8%-24.1%-17.8%-15.1%
Overall cost-to-charge ratiounverified50.6%46.5%39.3%40.2%39.2%39.6%
Occupancy rateunverified30.0%35.7%47.1%46.0%49.2%50.9%
Average length of stayunverified3.94.65.85.65.35.0
Uncompensated care as % of operating expenseunverified1.3%0.6%0.9%1.4%1.5%1.4%
Charity care cost-to-charge ratiounverified56.1%48.3%47.8%43.3%37.0%38.3%
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