CCN 310016, JERSEY CITY, 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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| Metric | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 178 | 18 | 163 | 163 | 163 | 163 |
| Total bed days availableunverified | 64,970 | 65,148 | 59,495 | 59,495 | 59,495 | 59,658 |
| Total facility dischargesunverified | 7,577 | 5,434 | 5,617 | 5,097 | 5,294 | 3,709 |
| Total facility inpatient daysunverified | 43,695 | 39,300 | 38,324 | 34,230 | 36,220 | 24,060 |
| Total patient revenue (gross charges)unverified | $2,409,955,956 | $2,566,290,451 | $3,089,150,414 | $3,291,426,492 | $3,096,598,125 | $2,351,372,004 |
| Contractual allowances and discountsunverified | $2,233,986,956 | $2,416,155,070 | $2,960,410,222 | $3,173,627,720 | $2,971,992,175 | $2,272,250,004 |
| Net patient revenueunverified | $175,969,000 | $150,135,381 | $128,740,192 | $117,798,772 | $124,605,950 | $79,122,000 |
| Total operating expensesunverified | $202,507,000 | $195,676,382 | $182,466,192 | $178,840,772 | $183,255,950 | $164,175,721 |
| Net income from service to patientsunverified | $-26,538,000 | $-45,541,001 | $-53,726,000 | $-61,042,000 | $-58,650,000 | $-85,053,721 |
| Net incomeunverified | $-1,767,000 | $-11,074,000 | $-3,505,000 | $-23,329,000 | $-30,166,000 | $-65,542,721 |
| Cost of uncompensated careunverified | $16,059,673 | $12,406,326 | $12,718,096 | $10,996,700 | $12,894,108 | $9,082,893 |
| Total facility bad debt expenseunverified | $51,351,120 | $15,532,469 | $23,536,039 | $35,977,615 | $10,322,977 | $2,601,764 |
| Charity care charges and uninsured discountsunverified | $196,342,939 | $189,418,354 | $257,772,196 | $224,336,460 | $264,915,726 | $161,824,263 |
| Cost of charity careunverified | $12,559,469 | $11,232,319 | $11,525,510 | $9,406,652 | $12,410,507 | $8,939,172 |
| Operating marginunverified | -15.1% | -30.3% | -41.7% | -51.8% | -47.1% | -107.5% |
| Overall cost-to-charge ratiounverified | 8.4% | 7.6% | 5.9% | 5.4% | 5.9% | 7.0% |
| Occupancy rateunverified | 67.3% | 60.3% | 64.4% | 57.5% | 60.9% | 40.3% |
| Average length of stayunverified | 5.8 | 7.2 | 6.8 | 6.7 | 6.8 | 6.5 |
| Uncompensated care as % of operating expenseunverified | 7.9% | 6.3% | 7.0% | 6.1% | 7.0% | 5.5% |
| Charity care cost-to-charge ratiounverified | 6.4% | 5.9% | 4.5% | 4.2% | 4.7% | 5.5% |