MELROSEWAKEFIELD HEALTHCARE — financial and operating metrics

CCN 220070, MELROSE, 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 availableunverified160160160160160160
Total bed days availableunverified58,56058,40058,40058,40058,56058,400
Total facility dischargesunverified7,2697,2967,6177,8298,2058,781
Total facility inpatient daysunverified32,22733,86235,16836,59034,71734,715
Total patient revenue (gross charges)unverified$464,884,633$506,875,282$497,143,902$577,355,732$569,148,890$605,404,080
Contractual allowances and discountsunverified$269,894,777$291,862,415$279,644,803$336,202,545$334,825,503$345,987,267
Net patient revenueunverified$194,989,856$215,012,867$217,499,099$241,153,187$234,323,387$259,416,813
Total operating expensesunverified$231,373,574$245,875,265$310,060,507$286,456,529$280,705,480$285,768,160
Net income from service to patientsunverified$-36,383,718$-30,862,398$-92,561,408$-45,303,342$-46,382,093$-26,351,347
Net incomeunverified$52,201,042$20,888,079$-104,256,170$52,683,582$-15,479,111$-263,739
Cost of uncompensated careunverified$4,163,357$4,104,054$3,904,028$1,914,464$6,857,816$4,030,865
Total facility bad debt expenseunverified$8,223,840$7,667,630$6,474,004$3,384,684$11,836,645$6,309,683
Charity care charges and uninsured discountsunverified$1,220,184$1,875,719$814,324$1,042,505$3,981,460$3,119,302
Cost of charity careunverified$679,053$954,783$509,002$463,401$1,880,838$1,417,760
Charges for insured patients' liabilityunverified$6,305$58,274$36,698
Operating marginunverified-18.7%-14.4%-42.6%-18.8%-19.8%-10.2%
Overall cost-to-charge ratiounverified49.8%48.5%62.4%49.6%49.3%47.2%
Occupancy rateunverified55.0%58.0%60.2%62.7%59.3%59.4%
Average length of stayunverified4.44.64.64.74.24.0
Uncompensated care as % of operating expenseunverified1.8%1.7%1.3%0.7%2.4%1.4%
Charity care cost-to-charge ratiounverified55.7%50.9%62.5%44.5%47.2%45.5%
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