CAREPOINT HEALTH - BAYONNE MEDICAL CENTER — financial and operating metrics

CCN 310025, BAYONNE, 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 availableunverified131131131131131131
Total bed days availableunverified47,81547,94647,81547,81547,81547,446
Total facility dischargesunverified4,6763,9274,0043,8004,2042,890
Total facility inpatient daysunverified21,75322,47221,45221,02822,91820,085
Total patient revenue (gross charges)unverified$1,615,727,515$2,157,734,924$2,340,765,243$2,451,256,150$2,188,804,490$1,701,378,237
Contractual allowances and discountsunverified$1,468,795,514$2,030,414,683$2,209,747,022$2,309,874,981$2,060,277,223$1,613,632,237
Net patient revenueunverified$146,932,001$127,320,241$131,018,221$141,381,169$128,527,267$87,746,000
Total operating expensesunverified$161,788,001$154,480,000$159,422,436$177,984,169$162,985,267$156,874,190
Net income from service to patientsunverified$-14,856,000$-27,159,759$-28,404,215$-36,603,000$-34,458,000$-69,128,190
Net incomeunverified$-575,000$-13,013,000$-1,523,215$-15,214,000$-27,634,000$-63,999,190
Cost of uncompensated careunverified$6,323,367$3,003,141$2,975,495$5,150,522$3,070,078$2,281,308
Total facility bad debt expenseunverified$49,864,445$8,994,230$10,621,164$46,833,226$10,226,801$1,321,682
Charity care charges and uninsured discountsunverified$38,203,045$42,246,026$43,690,840$32,693,118$41,713,334$30,537,046
Cost of charity careunverified$2,648,273$2,255,473$2,291,541$2,095,792$2,465,592$2,186,666
Operating marginunverified-10.1%-21.3%-21.7%-25.9%-26.8%-78.8%
Overall cost-to-charge ratiounverified10.0%7.2%6.8%7.3%7.4%9.2%
Occupancy rateunverified45.5%46.9%44.9%44.0%47.9%42.3%
Average length of stayunverified4.75.75.45.55.56.9
Uncompensated care as % of operating expenseunverified3.9%1.9%1.9%2.9%1.9%1.5%
Charity care cost-to-charge ratiounverified6.9%5.3%5.2%6.4%5.9%7.2%
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