NEWTON-WELLESLEY HOSPITAL — financial and operating metrics

CCN 220101, NEWTON, 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 availableunverified228228216216240240
Total bed days availableunverified83,44883,22080,64078,84084,26491,924
Total facility dischargesunverified14,79315,42015,82717,70517,49617,881
Total facility inpatient daysunverified62,84067,60474,34581,30181,00485,725
Total patient revenue (gross charges)unverified$1,389,314,045$1,705,549,399$1,866,861,957$2,068,757,310$2,113,050,830$2,155,061,484
Contractual allowances and discountsunverified$908,453,582$1,118,443,000$1,242,604,945$1,376,941,495$1,392,661,018$1,415,695,931
Net patient revenueunverified$480,860,463$587,106,399$624,257,012$691,815,815$720,389,812$739,365,553
Total operating expensesunverified$559,668,287$599,905,567$653,411,422$706,698,532$736,444,378$767,308,693
Net income from service to patientsunverified$-78,807,824$-12,799,168$-29,154,410$-14,882,717$-16,054,566$-27,943,140
Net incomeunverified$-34,635,660$-62,753,756$-8,117,513$8,220,776$9,939,346$6,043,358
Cost of uncompensated careunverified$6,721,013$5,470,251$6,670,259$6,773,964$8,526,332$8,500,743
Total facility bad debt expenseunverified$12,498,711$10,658,420$12,834,258$13,721,339$14,101,568$14,951,260
Charity care charges and uninsured discountsunverified$5,574,613$6,313,789$7,385,690$7,930,058$12,963,123$12,179,925
Cost of charity careunverified$2,287,100$2,112,462$2,531,471$2,577,444$4,178,024$3,880,930
Charges for insured patients' liabilityunverified$56,142$-789$18,429
Operating marginunverified-16.4%-2.2%-4.7%-2.2%-2.2%-3.8%
Overall cost-to-charge ratiounverified40.3%35.2%35.0%34.2%34.9%35.6%
Occupancy rateunverified75.3%81.2%92.2%103.1%96.1%93.3%
Average length of stayunverified4.24.44.74.64.64.8
Uncompensated care as % of operating expenseunverified1.2%0.9%1.0%1.0%1.2%1.1%
Charity care cost-to-charge ratiounverified41.0%33.5%34.3%32.5%32.2%31.9%
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