CCN 310034, RED BANK, 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 | 267 | 259 | 267 | 267 | 232 | 232 |
| Total bed days availableunverified | 97,722 | 94,535 | 97,455 | 95,316 | 84,912 | 84,680 |
| Total facility dischargesunverified | 13,381 | 13,797 | 11,272 | 10,647 | 9,944 | 9,865 |
| Total facility inpatient daysunverified | 51,973 | 56,893 | 52,517 | 49,057 | 46,254 | 45,537 |
| Total patient revenue (gross charges)unverified | $1,312,309,341 | $1,501,394,192 | $1,463,063,225 | $1,586,009,125 | $1,781,317,661 | $1,866,721,902 |
| Contractual allowances and discountsunverified | $1,014,175,003 | $1,151,439,864 | $1,097,619,328 | $1,184,804,455 | $1,367,081,379 | $1,412,663,838 |
| Net patient revenueunverified | $298,134,338 | $349,954,328 | $365,443,897 | $401,204,670 | $414,236,282 | $454,058,064 |
| Total operating expensesunverified | $308,667,173 | $341,150,338 | $345,153,760 | $374,743,595 | $404,902,044 | $427,887,477 |
| Net income from service to patientsunverified | $-10,532,835 | $8,803,990 | $20,290,137 | $26,461,075 | $9,334,238 | $26,170,587 |
| Net incomeunverified | $21,011,312 | $-251,847,680 | $23,233,143 | $25,001,224 | $-13,214,147 | $33,683,518 |
| Cost of uncompensated careunverified | $10,216,462 | $9,423,815 | $8,711,126 | $7,137,164 | $8,319,408 | $7,213,190 |
| Total facility bad debt expenseunverified | $17,261,946 | $16,271,595 | $13,939,006 | $11,223,074 | $12,221,112 | $9,817,222 |
| Charity care charges and uninsured discountsunverified | $26,407,492 | $28,666,979 | $24,814,564 | $21,236,559 | $28,135,519 | $24,968,527 |
| Cost of charity careunverified | $6,382,303 | $5,956,474 | $5,533,621 | $4,661,355 | $5,787,071 | $5,160,973 |
| Charges for insured patients' liabilityunverified | — | — | — | $286,399 | $58,420 | $153,828 |
| Operating marginunverified | -3.5% | 2.5% | 5.6% | 6.6% | 2.3% | 5.8% |
| Overall cost-to-charge ratiounverified | 23.5% | 22.7% | 23.6% | 23.6% | 22.7% | 22.9% |
| Occupancy rateunverified | 53.2% | 60.2% | 53.9% | 51.5% | 54.5% | 53.8% |
| Average length of stayunverified | 3.9 | 4.1 | 4.7 | 4.6 | 4.7 | 4.6 |
| Uncompensated care as % of operating expenseunverified | 3.3% | 2.8% | 2.5% | 1.9% | 2.1% | 1.7% |
| Charity care cost-to-charge ratiounverified | 24.2% | 20.8% | 22.3% | 21.9% | 20.6% | 20.7% |