MASSACHUSETTS GENERAL HOSPITAL — financial and operating metrics

CCN 220071, BOSTON, 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 availableunverified995995997997997997
Total bed days availableunverified364,145363,175363,905363,905364,902363,905
Total facility dischargesunverified46,21746,21944,24044,98846,15847,091
Total facility inpatient daysunverified310,408330,657337,056343,550352,545355,762
Total patient revenue (gross charges)unverified$9,719,347,215$11,200,803,905$11,897,267,889$13,019,997,758$14,414,761,330$15,767,267,230
Contractual allowances and discountsunverified$6,764,739,435$7,824,315,498$8,393,209,094$9,140,478,524$10,267,634,919$11,313,028,915
Net patient revenueunverified$2,954,607,780$3,376,488,407$3,504,058,795$3,879,519,234$4,147,126,411$4,454,238,315
Total operating expensesunverified$4,282,515,271$4,759,986,061$5,077,757,817$5,513,953,107$6,037,071,478$6,892,460,841
Net income from service to patientsunverified$-1,327,907,491$-1,383,497,654$-1,573,699,022$-1,634,433,873$-1,889,945,067$-2,438,222,526
Net incomeunverified$51,743,386$3,644,554,965$199,415,155$354,430,098$373,481,502$372,968,840
Cost of uncompensated careunverified$47,146,785$44,770,263$47,847,946$54,847,245$62,047,412$63,552,129
Total facility bad debt expenseunverified$61,851,992$53,010,106$61,338,647$64,907,829$69,905,217$75,219,008
Charity care charges and uninsured discountsunverified$103,520,047$113,292,613$114,916,421$149,518,280$178,368,198$174,069,190
Cost of charity careunverified$29,769,755$30,368,187$31,143,726$38,052,071$44,415,129$44,131,376
Charges for insured patients' liabilityunverified$3,711,706$6,533,224$1,138,383
Operating marginunverified-44.9%-41.0%-44.9%-42.1%-45.6%-54.7%
Overall cost-to-charge ratiounverified44.1%42.5%42.7%42.3%41.9%43.7%
Occupancy rateunverified85.2%91.0%92.6%94.4%96.6%97.8%
Average length of stayunverified6.77.27.67.67.67.6
Uncompensated care as % of operating expenseunverified1.1%0.9%0.9%1.0%1.0%0.9%
Charity care cost-to-charge ratiounverified28.8%26.8%27.1%25.4%24.9%25.4%
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