CCN 310012, PARAMUS, 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 | 334 | 335 | 385 | 385 | 375 | 385 |
| Total bed days availableunverified | 123,852 | 131,628 | 134,320 | 134,320 | 134,052 | 140,525 |
| Total facility dischargesunverified | 25,065 | 17,641 | 22,473 | 22,793 | 24,183 | 27,088 |
| Total facility inpatient daysunverified | 95,838 | 103,303 | 108,190 | 110,120 | 116,108 | 126,011 |
| Total patient revenue (gross charges)unverified | $2,391,532,907 | $2,864,763,884 | $3,122,088,230 | $3,356,808,906 | $3,828,790,301 | $4,250,889,864 |
| Contractual allowances and discountsunverified | $1,651,901,490 | $1,995,098,301 | $2,170,268,010 | $2,332,366,439 | $2,736,279,152 | $3,018,945,553 |
| Net patient revenueunverified | $739,631,417 | $869,665,583 | $951,820,220 | $1,024,442,467 | $1,092,511,149 | $1,231,944,311 |
| Total operating expensesunverified | $652,342,431 | $717,551,964 | $785,683,886 | $839,949,350 | $984,929,146 | $1,109,240,736 |
| Net income from service to patientsunverified | $87,288,986 | $152,113,619 | $166,136,334 | $184,493,117 | $107,582,003 | $122,703,575 |
| Net incomeunverified | $161,464,632 | $156,978,515 | $164,348,951 | $186,114,876 | $136,864,896 | $171,380,000 |
| Cost of uncompensated careunverified | $10,247,216 | $10,100,474 | $11,924,193 | $12,206,013 | $21,073,485 | $14,598,213 |
| Total facility bad debt expenseunverified | $20,372,119 | $16,876,372 | $20,121,687 | $20,182,978 | $27,684,052 | $28,645,671 |
| Charity care charges and uninsured discountsunverified | $22,658,136 | $24,184,991 | $29,058,548 | $33,635,194 | $63,012,965 | $35,321,748 |
| Cost of charity careunverified | $5,065,405 | $6,195,128 | $7,228,583 | $7,537,066 | $14,632,255 | $8,014,746 |
| Charges for insured patients' liabilityunverified | — | — | — | $417,597 | $1,140,543 | $891,494 |
| Operating marginunverified | 11.8% | 17.5% | 17.5% | 18.0% | 9.8% | 10.0% |
| Overall cost-to-charge ratiounverified | 27.3% | 25.0% | 25.2% | 25.0% | 25.7% | 26.1% |
| Occupancy rateunverified | 77.4% | 78.5% | 80.5% | 82.0% | 86.6% | 89.7% |
| Average length of stayunverified | 3.8 | 5.9 | 4.8 | 4.8 | 4.8 | 4.7 |
| Uncompensated care as % of operating expenseunverified | 1.6% | 1.4% | 1.5% | 1.5% | 2.1% | 1.3% |
| Charity care cost-to-charge ratiounverified | 22.4% | 25.6% | 24.9% | 22.4% | 23.2% | 22.7% |