TUFTS MEDICAL CENTER — financial and operating metrics

CCN 220116, 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 availableunverified385385385364369371
Total bed days availableunverified140,910140,525140,525132,860135,054135,415
Total facility dischargesunverified16,15317,09316,04117,15717,92917,317
Total facility inpatient daysunverified89,54498,98298,931101,062105,68099,185
Total patient revenue (gross charges)unverified$2,058,588,980$2,405,725,100$2,410,398,287$2,770,980,876$2,899,686,761$3,136,173,297
Contractual allowances and discountsunverified$1,326,285,404$1,546,111,935$1,590,864,444$1,881,520,032$1,935,744,030$2,062,203,330
Net patient revenueunverified$732,303,576$859,613,165$819,533,843$889,460,844$963,942,731$1,073,969,967
Total operating expensesunverified$971,435,001$1,055,689,999$1,221,989,000$1,273,509,000$1,297,971,179$1,361,931,999
Net income from service to patientsunverified$-239,131,425$-196,076,834$-402,455,157$-384,048,156$-334,028,448$-287,962,032
Net incomeunverified$38,179,998$135,334,001$-190,377,999$-331,998$1,364,822$57,905,001
Cost of uncompensated careunverified$11,513,660$9,978,688$9,263,604$5,504,869$20,784,084$17,809,942
Total facility bad debt expenseunverified$16,788,567$10,473,707$14,136,416$7,414,141$31,747,682$19,304,444
Charity care charges and uninsured discountsunverified$12,461,736$16,380,571$8,072,661$6,393,963$21,729,004$25,043,377
Cost of charity careunverified$5,156,312$6,256,203$3,533,171$2,649,141$8,657,375$10,241,419
Charges for insured patients' liabilityunverified$274,409$385,735$1,045,627
Operating marginunverified-32.7%-22.8%-49.1%-43.2%-34.7%-26.8%
Overall cost-to-charge ratiounverified47.2%43.9%50.7%46.0%44.8%43.4%
Occupancy rateunverified63.5%70.4%70.4%76.1%78.3%73.2%
Average length of stayunverified5.55.86.25.95.95.7
Uncompensated care as % of operating expenseunverified1.2%0.9%0.8%0.4%1.6%1.3%
Charity care cost-to-charge ratiounverified41.4%38.2%43.8%41.4%39.8%40.9%
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