NEW LONDON HOSPITAL — financial and operating metrics

CCN 301304, NEW LONDON, NH · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2025 (91 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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
91d
Total facility beds availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1502,300
Total facility dischargesunverified717780561741704237
Total facility inpatient daysunverified4,5954,6835,3315,6814,7451,348
Total patient revenue (gross charges)unverified$105,465,583$125,277,711$157,449,606$180,653,088$190,348,308$55,352,372
Contractual allowances and discountsunverified$51,522,593$63,463,912$77,695,250$92,798,520$98,564,632$28,360,990
Net patient revenueunverified$53,942,990$61,813,799$79,754,356$87,854,568$91,783,676$26,991,382
Total operating expensesunverified$66,816,588$72,318,454$79,496,863$87,408,706$93,707,796$26,494,891
Net income from service to patientsunverified$-12,873,598$-10,504,655$257,493$445,862$-1,924,120$496,491
Net incomeunverified$755,308$-414,710$7,344,051$8,945,953$8,520,836$3,959,023
Cost of uncompensated careunverified$1,594,497$2,230,552$2,170,814$2,255,746$4,579,331$763,070
Total facility bad debt expenseunverified$1,590,198$1,083,201$1,403,603$1,155,549$1,561,933$429,139
Charity care charges and uninsured discountsunverified$771,821$1,924,955$1,635,534$2,427,599$4,884,971$639,424
Cost of charity careunverified$594,064$1,608,877$1,534,183$1,780,890$3,898,304$575,954
Operating marginunverified-23.9%-17.0%0.3%0.5%-2.1%1.8%
Overall cost-to-charge ratiounverified63.4%57.7%50.5%48.4%49.2%47.9%
Occupancy rateunverified50.2%51.3%58.4%62.3%51.9%58.6%
Average length of stayunverified6.46.09.57.76.75.7
Uncompensated care as % of operating expenseunverified2.4%3.1%2.7%2.6%4.9%2.9%
Charity care cost-to-charge ratiounverified77.0%83.6%93.8%73.4%79.8%90.1%
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