RARITAN BAY MEDICAL CENTER — financial and operating metrics

CCN 310039, PERTH AMBOY, 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 availableunverified302303261270284292
Total bed days availableunverified110,532110,59595,26598,550103,944106,580
Total facility dischargesunverified11,65611,55211,60512,32512,78012,307
Total facility inpatient daysunverified57,89858,37953,17656,84966,98868,954
Total patient revenue (gross charges)unverified$1,169,936,810$1,301,301,648$1,246,949,314$1,435,723,133$1,698,275,089$1,834,643,078
Contractual allowances and discountsunverified$958,876,240$1,058,130,203$967,190,246$1,123,215,092$1,355,471,982$1,441,900,573
Net patient revenueunverified$211,060,570$243,171,445$279,759,068$312,508,041$342,803,107$392,742,505
Total operating expensesunverified$267,705,618$277,525,677$275,195,552$310,011,952$342,816,993$368,994,633
Net income from service to patientsunverified$-56,645,048$-34,354,232$4,563,516$2,496,089$-13,886$23,747,872
Net incomeunverified$-30,952,996$2,972,701$49,603,292$26,551,788$-111,220$34,871,041
Cost of uncompensated careunverified$16,110,038$16,720,485$14,538,084$13,367,250$17,582,226$16,592,657
Total facility bad debt expenseunverified$28,696,876$23,037,858$22,520,993$22,800,144$28,252,631$24,019,299
Charity care charges and uninsured discountsunverified$39,845,023$52,348,749$46,075,286$45,874,800$69,892,458$67,274,504
Cost of charity careunverified$9,418,517$11,560,313$9,692,335$8,934,544$12,518,147$12,120,626
Charges for insured patients' liabilityunverified$971,886$14,219$424,791
Operating marginunverified-26.8%-14.1%1.6%0.8%-0.0%6.0%
Overall cost-to-charge ratiounverified22.9%21.3%22.1%21.6%20.2%20.1%
Occupancy rateunverified52.4%52.8%55.8%57.7%64.4%64.7%
Average length of stayunverified5.05.14.64.65.25.6
Uncompensated care as % of operating expenseunverified6.0%6.0%5.3%4.3%5.1%4.5%
Charity care cost-to-charge ratiounverified23.6%22.1%21.0%19.5%17.9%18.0%
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