CCN 220063, LOWELL, 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 | 407 | 390 | 390 | 390 | 390 | 390 |
| Total bed days availableunverified | 148,962 | 142,350 | 142,347 | 142,350 | 142,740 | 142,350 |
| Total facility dischargesunverified | 18,492 | 17,777 | 18,161 | 19,059 | 19,838 | 19,473 |
| Total facility inpatient daysunverified | 76,140 | 78,132 | 88,867 | 94,046 | 91,930 | 90,064 |
| Total patient revenue (gross charges)unverified | $1,177,822,494 | $1,329,041,970 | $1,317,115,334 | $1,407,617,030 | $1,477,325,732 | $1,545,385,789 |
| Contractual allowances and discountsunverified | $765,460,261 | $872,528,345 | $861,123,820 | $903,945,944 | $954,763,829 | $942,239,558 |
| Net patient revenueunverified | $412,362,233 | $456,513,625 | $455,991,514 | $503,671,086 | $522,561,903 | $603,146,231 |
| Total operating expensesunverified | $470,797,631 | $493,532,214 | $588,520,528 | $573,366,872 | $590,201,551 | $605,745,597 |
| Net income from service to patientsunverified | $-58,435,398 | $-37,018,589 | $-132,529,014 | $-69,695,786 | $-67,639,648 | $-2,599,366 |
| Net incomeunverified | $12,433,614 | $8,700,250 | $-95,358,133 | $48,633,576 | $-65,953,828 | $-1,052,410 |
| Cost of uncompensated careunverified | $12,359,990 | $9,677,375 | $6,880,793 | $4,510,639 | $16,379,171 | $10,991,539 |
| Total facility bad debt expenseunverified | $13,798,147 | $9,803,476 | $9,198,804 | $6,793,206 | $28,346,060 | $13,860,730 |
| Charity care charges and uninsured discountsunverified | $19,742,016 | $17,178,830 | $6,737,281 | $4,799,224 | $15,425,813 | $13,232,899 |
| Cost of charity careunverified | $7,482,480 | $6,304,118 | $3,053,854 | $1,975,880 | $6,016,880 | $5,582,246 |
| Charges for insured patients' liabilityunverified | — | — | — | $5,829 | $56,888 | $112,735 |
| Operating marginunverified | -14.2% | -8.1% | -29.1% | -13.8% | -12.9% | -0.4% |
| Overall cost-to-charge ratiounverified | 40.0% | 37.1% | 44.7% | 40.7% | 40.0% | 39.2% |
| Occupancy rateunverified | 51.1% | 54.9% | 62.4% | 66.1% | 64.4% | 63.3% |
| Average length of stayunverified | 4.1 | 4.4 | 4.9 | 4.9 | 4.6 | 4.6 |
| Uncompensated care as % of operating expenseunverified | 2.6% | 2.0% | 1.2% | 0.8% | 2.8% | 1.8% |
| Charity care cost-to-charge ratiounverified | 37.9% | 36.7% | 45.3% | 41.2% | 39.0% | 42.2% |