HOLY NAME MEDICAL CENTER — financial and operating metrics

CCN 310008, TEANECK, NJ · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified284289289289289289
Total bed days availableunverified103,660105,774105,485105,485105,485105,774
Total facility dischargesunverified12,0769,3529,28511,07411,27212,112
Total facility inpatient daysunverified66,16557,28457,10054,28358,28058,230
Total patient revenue (gross charges)unverified$1,829,780,196$1,543,234,974$1,775,218,896$1,772,935,347$1,852,743,050$1,947,608,288
Contractual allowances and discountsunverified$1,387,002,714$1,157,889,110$1,322,288,859$1,279,555,374$1,345,963,403$1,387,398,075
Net patient revenueunverified$442,777,482$385,345,864$452,930,037$493,379,973$506,779,647$560,210,213
Total operating expensesunverified$399,391,928$396,224,358$439,738,543$453,462,123$468,026,875$504,264,695
Net income from service to patientsunverified$43,385,554$-10,878,494$13,191,494$39,917,850$38,752,772$55,945,518
Net incomeunverified$58,325,818$85,844,630$36,943,205$45,112,125$77,896,355$81,545,712
Cost of uncompensated careunverified$6,810,438$7,086,717$6,407,713$7,459,214$7,897,757$11,004,224
Total facility bad debt expenseunverified$14,529,553$13,559,519$14,444,974$16,314,098$16,271,571$18,600,133
Charity care charges and uninsured discountsunverified$16,489,018$15,790,334$12,072,284$13,453,293$14,837,998$22,961,494
Cost of charity careunverified$3,490,698$3,790,758$2,937,218$3,377,161$3,762,177$6,213,084
Operating marginunverified9.8%-2.8%2.9%8.1%7.6%10.0%
Overall cost-to-charge ratiounverified21.8%25.7%24.8%25.6%25.3%25.9%
Occupancy rateunverified63.8%54.2%54.1%51.5%55.2%55.1%
Average length of stayunverified5.56.16.14.95.24.8
Uncompensated care as % of operating expenseunverified1.7%1.8%1.5%1.6%1.7%2.2%
Charity care cost-to-charge ratiounverified21.2%24.0%24.3%25.1%25.4%27.1%
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