HACKENSACK UNIVERSITY MEDICAL CENTER — financial and operating metrics

CCN 310001, HACKENSACK, NJ · 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 availableunverified687678779769769819
Total bed days availableunverified251,442247,470284,335280,685281,454298,935
Total facility dischargesunverified36,92940,40241,18741,70342,46243,386
Total facility inpatient daysunverified208,219223,864224,353229,755246,301250,359
Total patient revenue (gross charges)unverified$5,701,734,639$6,449,047,334$6,700,486,750$8,197,188,993$9,651,013,044$10,551,358,169
Contractual allowances and discountsunverified$4,026,226,436$4,489,903,241$4,704,489,741$5,779,204,738$6,994,957,246$7,706,128,985
Net patient revenueunverified$1,675,508,203$1,959,144,093$1,995,997,009$2,417,984,255$2,656,055,798$2,845,229,184
Total operating expensesunverified$1,937,648,252$2,084,682,645$2,046,229,764$2,491,643,991$2,793,099,772$2,957,846,736
Net income from service to patientsunverified$-262,140,049$-125,538,552$-50,232,755$-73,659,736$-137,043,974$-112,617,552
Net incomeunverified$116,870,357$87,996,296$159,232,371$85,984,946$176,754,960$265,333,747
Cost of uncompensated careunverified$71,596,280$76,547,718$77,280,406$93,139,670$101,424,229$91,332,061
Total facility bad debt expenseunverified$79,665,345$80,432,490$75,079,326$95,591,759$111,111,162$74,885,082
Charity care charges and uninsured discountsunverified$173,963,620$200,616,679$215,592,306$276,414,270$346,782,368$382,995,721
Cost of charity careunverified$49,411,091$54,787,557$57,414,518$69,328,953$76,992,302$76,260,352
Charges for insured patients' liabilityunverified$3,181,120$2,897,608$911,613
Operating marginunverified-15.6%-6.4%-2.5%-3.0%-5.2%-4.0%
Overall cost-to-charge ratiounverified34.0%32.3%30.5%30.4%28.9%28.0%
Occupancy rateunverified82.8%90.5%78.9%81.9%87.5%83.8%
Average length of stayunverified5.65.55.45.55.85.8
Uncompensated care as % of operating expenseunverified3.7%3.7%3.8%3.7%3.6%3.1%
Charity care cost-to-charge ratiounverified28.4%27.3%26.6%25.1%22.2%19.9%
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