MILFORD REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 220090, MILFORD, 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 availableunverified149149148148148148
Total bed days availableunverified54,53454,38554,02054,02054,16854,020
Total facility dischargesunverified8,6868,8239,0459,20410,4138,671
Total facility inpatient daysunverified34,21935,31637,80438,21034,48932,885
Total patient revenue (gross charges)unverified$508,077,986$593,630,287$628,090,467$643,871,105$626,012,777$680,117,171
Contractual allowances and discountsunverified$304,537,892$362,346,222$373,445,771$366,662,694$348,331,566$398,662,430
Net patient revenueunverified$203,540,094$231,284,065$254,644,696$277,208,411$277,681,211$281,454,741
Total operating expensesunverified$225,428,975$251,346,855$272,941,905$294,602,016$301,549,600$289,571,977
Net income from service to patientsunverified$-21,888,881$-20,062,790$-18,297,209$-17,393,605$-23,868,389$-8,117,236
Net incomeunverified$4,591,794$-9,254,359$-6,011,761$-6,377,828$-4,449,600$63,750,552
Cost of uncompensated careunverified$5,528,948$5,015,154$5,226,755$5,952,978$7,324,437$8,916,029
Total facility bad debt expenseunverified$10,349,697$8,373,001$8,479,408$9,725,380$12,093,570$15,649,361
Charity care charges and uninsured discountsunverified$3,166,710$4,215,182$4,487,614$4,041,153$4,467,767$5,039,811
Cost of charity careunverified$1,443,960$1,779,305$1,848,060$1,985,648$2,121,442$2,325,878
Charges for insured patients' liabilityunverified$112,366$9,858$7,458
Operating marginunverified-10.8%-8.7%-7.2%-6.3%-8.6%-2.9%
Overall cost-to-charge ratiounverified44.4%42.3%43.5%45.8%48.2%42.6%
Occupancy rateunverified62.7%64.9%70.0%70.7%63.7%60.9%
Average length of stayunverified3.94.04.24.23.33.8
Uncompensated care as % of operating expenseunverified2.5%2.0%1.9%2.0%2.4%3.1%
Charity care cost-to-charge ratiounverified45.6%42.2%41.2%49.1%47.5%46.2%
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