NORTHEAST HOSPITAL CORPORATION — financial and operating metrics

CCN 220033, BEVERLY, 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 availableunverified296261261299335335
Total bed days availableunverified108,33695,26595,265109,135122,610122,275
Total facility dischargesunverified17,90117,60317,56518,59519,60919,059
Total facility inpatient daysunverified71,97370,31275,19981,77284,20388,432
Total patient revenue (gross charges)unverified$854,262,309$946,815,808$999,990,795$1,079,829,277$1,304,388,198$1,621,092,035
Contractual allowances and discountsunverified$495,837,605$561,818,345$589,423,403$634,193,911$867,550,363$1,161,931,804
Net patient revenueunverified$358,424,704$384,997,463$410,567,392$445,635,366$436,837,835$459,160,231
Total operating expensesunverified$357,575,564$377,633,891$417,115,203$441,127,827$494,453,867$602,809,597
Net income from service to patientsunverified$849,140$7,363,572$-6,547,811$4,507,539$-57,616,032$-143,649,366
Net incomeunverified$46,432,595$16,718,931$14,425,531$34,075,673$35,226,505$101,197,321
Cost of uncompensated careunverified$5,688,440$4,975,563$4,731,565$4,721,117$5,886,265$8,455,266
Total facility bad debt expenseunverified$8,570,275$7,935,086$7,193,982$8,699,909$9,989,855$13,997,785
Charity care charges and uninsured discountsunverified$4,463,876$4,661,465$4,905,074$3,266,712$6,363,169$11,155,070
Cost of charity careunverified$2,361,071$2,017,510$2,071,875$1,458,535$2,447,540$3,842,827
Charges for insured patients' liabilityunverified$26,128$33,391$64,250
Operating marginunverified0.2%1.9%-1.6%1.0%-13.2%-31.3%
Overall cost-to-charge ratiounverified41.9%39.9%41.7%40.9%37.9%37.2%
Occupancy rateunverified66.4%73.8%78.9%74.9%68.7%72.3%
Average length of stayunverified4.04.04.34.44.34.6
Uncompensated care as % of operating expenseunverified1.6%1.3%1.1%1.1%1.2%1.4%
Charity care cost-to-charge ratiounverified52.9%43.3%42.2%44.6%38.5%34.4%
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