CCN 310002, NEWARK, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 422 | 425 | 422 | 408 | 419 | 419 |
| Total bed days availableunverified | 154,452 | 155,125 | 154,030 | 148,920 | 153,354 | 152,935 |
| Total facility dischargesunverified | 14,509 | 17,466 | 17,861 | 18,338 | 19,613 | 19,530 |
| Total facility inpatient daysunverified | 106,283 | 111,808 | 112,538 | 120,227 | 124,832 | 122,522 |
| Total patient revenue (gross charges)unverified | $2,281,985,702 | $2,640,825,546 | $2,842,386,150 | $3,172,073,444 | $3,680,499,601 | $3,966,129,058 |
| Contractual allowances and discountsunverified | $1,759,278,645 | $2,035,481,033 | $2,172,509,354 | $2,424,568,734 | $2,872,575,154 | $3,091,500,172 |
| Net patient revenueunverified | $522,707,057 | $605,344,513 | $669,876,796 | $747,504,710 | $807,924,447 | $874,628,886 |
| Total operating expensesunverified | $632,137,015 | $689,113,516 | $730,957,153 | $810,967,926 | $880,266,669 | $918,711,011 |
| Net income from service to patientsunverified | $-109,429,958 | $-83,769,003 | $-61,080,357 | $-63,463,216 | $-72,342,222 | $-44,082,125 |
| Net incomeunverified | $11,154,004 | $3,708,725 | $-6,419,965 | $3,773,702 | $690,274 | $38,226,066 |
| Cost of uncompensated careunverified | $42,519,758 | $42,826,907 | $50,075,047 | $49,528,756 | $70,263,875 | $63,565,437 |
| Total facility bad debt expenseunverified | $21,252,506 | $23,694,363 | $24,810,792 | $25,702,299 | $35,691,574 | $41,918,041 |
| Charity care charges and uninsured discountsunverified | $172,771,831 | $190,739,665 | $226,997,002 | $219,948,836 | $335,657,262 | $284,309,203 |
| Cost of charity careunverified | $37,634,187 | $37,853,812 | $44,915,670 | $44,164,847 | $63,373,935 | $55,166,789 |
| Charges for insured patients' liabilityunverified | — | — | — | $27,883,344 | — | $20,423,468 |
| Operating marginunverified | -20.9% | -13.8% | -9.1% | -8.5% | -9.0% | -5.0% |
| Overall cost-to-charge ratiounverified | 27.7% | 26.1% | 25.7% | 25.6% | 23.9% | 23.2% |
| Occupancy rateunverified | 68.8% | 72.1% | 73.1% | 80.7% | 81.4% | 80.1% |
| Average length of stayunverified | 7.3 | 6.4 | 6.3 | 6.6 | 6.4 | 6.3 |
| Uncompensated care as % of operating expenseunverified | 6.7% | 6.2% | 6.9% | 6.1% | 8.0% | 6.9% |
| Charity care cost-to-charge ratiounverified | 21.8% | 19.8% | 19.8% | 20.1% | 18.9% | 19.4% |