NEWTON MEDICAL CENTER — financial and operating metrics

CCN 310028, NEWTON, 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 availableunverified130139139139139143
Total bed days availableunverified47,45050,73550,73550,73550,87452,195
Total facility dischargesunverified7,2027,9307,6766,8016,9227,763
Total facility inpatient daysunverified32,99137,55338,33036,83837,93140,640
Total patient revenue (gross charges)unverified$1,727,568,545$1,788,719,931$1,868,911,998$2,070,302,923$2,366,923,646
Contractual allowances and discountsunverified$1,535,366,793$1,599,388,886$1,674,864,366$1,845,167,444$2,128,791,081
Net patient revenueunverified$192,201,752$189,331,045$194,047,632$225,135,479$238,132,565
Total operating expensesunverified$190,857,275$188,963,439$202,088,015$211,701,250$221,916,332$238,719,180
Net income from service to patientsunverified$-190,857,275$3,238,313$-12,756,970$-17,653,618$3,219,147$-586,615
Net incomeunverified$-190,857,275$5,988,089$-4,504,462$-10,128,150$-7,741,691$2,312,465
Cost of uncompensated careunverified$1,349,273$3,531,647$3,367,027$4,070,108$5,364,997$4,958,068
Total facility bad debt expenseunverified$6,298,947$4,189,689$6,572,955$7,105,422$11,237,415$8,534,373
Charity care charges and uninsured discountsunverified$7,072,133$23,486,206$22,014,143$27,508,134$36,324,717$39,800,306
Cost of charity careunverified$594,302$2,943,796$2,513,033$3,148,048$3,848,757$3,919,738
Charges for insured patients' liabilityunverified$3,219$504,236
Operating marginunverified1.7%-6.7%-9.1%1.4%-0.2%
Overall cost-to-charge ratiounverified10.9%11.3%11.3%10.7%10.1%
Occupancy rateunverified69.5%74.0%75.5%72.6%74.6%77.9%
Average length of stayunverified4.64.75.05.45.55.2
Uncompensated care as % of operating expenseunverified0.7%1.9%1.7%1.9%2.4%2.1%
Charity care cost-to-charge ratiounverified8.4%12.5%11.4%11.4%10.6%9.8%
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