CAPE REGIONAL MEDICAL CENTER INC — financial and operating metrics

CCN 310011, CAPE MAY COURT HOUSE, 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 availableunverified149149149149149149
Total bed days availableunverified54,53454,38554,38554,38554,53454,385
Total facility dischargesunverified5,7846,2815,7135,4685,6235,923
Total facility inpatient daysunverified23,35726,70124,66626,04726,43626,810
Total patient revenue (gross charges)unverified$767,015,583$903,198,813$877,034,279$932,282,233$973,692,401$1,046,736,845
Contractual allowances and discountsunverified$658,716,295$770,358,435$749,430,598$801,879,488$839,292,134$899,631,511
Net patient revenueunverified$108,299,288$132,840,378$127,603,681$130,402,745$134,400,267$147,105,334
Total operating expensesunverified$123,219,044$138,518,371$141,031,905$147,073,552$152,007,208$158,840,931
Net income from service to patientsunverified$-14,919,756$-5,677,993$-13,428,224$-16,670,807$-17,606,941$-11,735,597
Net incomeunverified$11,858,242$12,372,705$-24,407,650$-695,010$-8,121,118$3,242,496
Cost of uncompensated careunverified$5,293,831$4,825,972$4,172,378$2,841,939$3,100,685$4,720,876
Total facility bad debt expenseunverified$2,229,864$1,788,869$1,094,694$989,777$1,395,430$6,508,606
Charity care charges and uninsured discountsunverified$21,867,081$19,310,833$16,260,488$18,081,327$18,512,571$24,443,008
Cost of charity careunverified$4,805,481$4,429,931$3,870,437$2,587,427$2,802,822$3,703,961
Charges for insured patients' liabilityunverified$2,251,019
Operating marginunverified-13.8%-4.3%-10.5%-12.8%-13.1%-8.0%
Overall cost-to-charge ratiounverified16.1%15.3%16.1%15.8%15.6%15.2%
Occupancy rateunverified42.8%49.1%45.4%47.9%48.5%49.3%
Average length of stayunverified4.04.34.34.84.74.5
Uncompensated care as % of operating expenseunverified4.3%3.5%3.0%1.9%2.0%3.0%
Charity care cost-to-charge ratiounverified22.0%22.9%23.8%14.3%15.1%15.2%
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