VIRTUA OUR LADY OF LOURDES HOSPITAL — financial and operating metrics

CCN 310029, CAMDEN, 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 availableunverified257290290279279281
Total bed days availableunverified94,062105,850105,850104,838102,11498,363
Total facility dischargesunverified11,01912,00512,20711,79312,22311,859
Total facility inpatient daysunverified57,05659,99962,98262,25864,70061,114
Total patient revenue (gross charges)unverified$2,188,145,751$2,860,234,961$3,125,872,237$3,472,669,427$3,968,136,199$4,233,223,725
Contractual allowances and discountsunverified$1,873,038,219$2,462,675,277$2,680,630,722$2,998,289,648$3,424,119,597$3,616,593,225
Net patient revenueunverified$315,107,532$397,559,684$445,241,515$474,379,779$544,016,602$616,630,500
Total operating expensesunverified$334,245,299$378,858,520$434,679,558$476,450,316$553,226,333$609,913,619
Net income from service to patientsunverified$-19,137,767$18,701,164$10,561,957$-2,070,537$-9,209,731$6,716,881
Net incomeunverified$-33,665,920$33,031,256$23,635,018$10,652,844$6,887,496$20,092,873
Cost of uncompensated careunverified$6,616,533$5,583,897$8,184,545$8,699,241$13,379,003$18,043,199
Total facility bad debt expenseunverified$4,786,318$2,611,628$413,139$3,765,284$9,191,020$28,027,757
Charity care charges and uninsured discountsunverified$35,244,000$42,532,268$67,502,431$75,889,997$112,059,024$120,558,026
Cost of charity careunverified$5,790,336$5,209,110$8,096,692$8,132,414$12,222,399$14,549,350
Charges for insured patients' liabilityunverified$133,475$304,943$185,106
Operating marginunverified-6.1%4.7%2.4%-0.4%-1.7%1.1%
Overall cost-to-charge ratiounverified15.3%13.2%13.9%13.7%13.9%14.4%
Occupancy rateunverified60.7%56.7%59.5%59.4%63.4%62.1%
Average length of stayunverified5.25.05.25.35.35.2
Uncompensated care as % of operating expenseunverified2.0%1.5%1.9%1.8%2.4%3.0%
Charity care cost-to-charge ratiounverified16.4%12.2%12.0%10.7%10.9%12.1%
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