LAHEY HOSPITAL & MEDICAL CENTER, BURLINGTON — financial and operating metrics

CCN 220171, BURLINGTON, 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 availableunverified345345345344343343
Total bed days availableunverified126,270125,925124,317125,347125,538125,195
Total facility dischargesunverified21,44821,44820,74721,61822,17622,622
Total facility inpatient daysunverified116,121119,431118,448119,588125,538125,195
Total patient revenue (gross charges)unverified$2,138,669,528$2,386,551,962$2,270,962,537$2,446,778,548$2,725,614,449$3,623,778,442
Contractual allowances and discountsunverified$1,203,612,550$1,352,793,965$1,279,848,712$1,348,213,773$1,563,737,007$2,359,393,984
Net patient revenueunverified$935,056,978$1,033,757,997$991,113,825$1,098,564,775$1,161,877,442$1,264,384,458
Total operating expensesunverified$966,303,867$1,042,130,257$1,033,234,549$1,082,656,866$1,143,049,910$1,220,016,239
Net income from service to patientsunverified$-31,246,889$-8,372,260$-42,120,724$15,907,909$18,827,532$44,368,219
Net incomeunverified$76,212,363$71,190,807$184,366$61,721,406$81,476,164$126,676,622
Cost of uncompensated careunverified$12,481,673$12,227,024$15,230,625$18,160,285$19,136,556$20,773,324
Total facility bad debt expenseunverified$16,898,119$16,278,590$17,769,396$22,895,624$20,039,379$24,730,506
Charity care charges and uninsured discountsunverified$12,135,675$13,757,144$20,047,992$22,133,814$28,288,652$40,805,705
Cost of charity careunverified$5,792,884$6,128,798$8,505,599$9,333,078$11,733,982$13,606,599
Operating marginunverified-3.3%-0.8%-4.2%1.4%1.6%3.5%
Overall cost-to-charge ratiounverified45.2%43.7%45.5%44.2%41.9%33.7%
Occupancy rateunverified92.0%94.8%95.3%95.4%100.0%100.0%
Average length of stayunverified5.45.65.75.55.75.5
Uncompensated care as % of operating expenseunverified1.3%1.2%1.5%1.7%1.7%1.7%
Charity care cost-to-charge ratiounverified47.7%44.5%42.4%42.2%41.5%33.3%
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