PALISADES MEDICAL CENTER — financial and operating metrics

CCN 310003, NORTH BERGEN, 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 availableunverified186186186186186173
Total bed days availableunverified68,07667,89067,89067,89068,07663,145
Total facility dischargesunverified6,5046,5677,6756,6726,7945,923
Total facility inpatient daysunverified32,72931,59631,85227,70531,16231,481
Total patient revenue (gross charges)unverified$739,062,691$868,235,041$922,014,321$944,475,374$1,119,069,799$1,188,592,501
Contractual allowances and discountsunverified$589,264,216$708,736,128$731,424,889$745,250,642$908,360,307$961,371,822
Net patient revenueunverified$149,798,475$159,498,913$190,589,432$199,224,732$210,709,492$227,220,679
Total operating expensesunverified$184,567,063$199,757,511$195,728,413$207,790,632$217,523,341$229,674,425
Net income from service to patientsunverified$-34,768,588$-40,258,598$-5,138,981$-8,565,900$-6,813,849$-2,453,746
Net incomeunverified$-15,602,037$-5,437,896$4,862,265$-5,605,652$-3,499,905$1,652,511
Cost of uncompensated careunverified$24,164,010$25,466,189$27,474,832$24,628,194$28,187,261$30,745,446
Total facility bad debt expenseunverified$27,087,035$24,464,032$25,921,031$18,294,296$24,493,075$19,298,453
Charity care charges and uninsured discountsunverified$76,085,061$104,151,320$114,418,070$111,596,925$145,565,593$158,876,468
Cost of charity careunverified$17,771,320$20,532,507$22,295,244$21,092,761$24,088,071$27,323,398
Charges for insured patients' liabilityunverified$195,163$63,266$95,024
Operating marginunverified-23.2%-25.2%-2.7%-4.3%-3.2%-1.1%
Overall cost-to-charge ratiounverified25.0%23.0%21.2%22.0%19.4%19.3%
Occupancy rateunverified48.1%46.5%46.9%40.8%45.8%49.9%
Average length of stayunverified5.04.84.24.24.65.3
Uncompensated care as % of operating expenseunverified13.1%12.7%14.0%11.9%13.0%13.4%
Charity care cost-to-charge ratiounverified23.4%19.7%19.5%18.9%16.5%17.2%
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