CCN 310040, HOBOKEN, 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 | 117 | 114 | 114 | 114 | 114 | 114 |
| Total bed days availableunverified | 42,822 | 41,610 | 41,610 | 41,610 | 41,724 | 41,610 |
| Total facility dischargesunverified | 3,860 | 3,718 | 3,195 | 3,120 | 3,355 | 3,355 |
| Total facility inpatient daysunverified | 21,839 | 19,516 | 17,751 | 16,337 | 15,809 | 15,970 |
| Total patient revenue (gross charges)unverified | $2,230,052,965 | $2,473,232,598 | $2,604,141,768 | $2,518,137,574 | $2,112,393,889 | $2,080,267,059 |
| Contractual allowances and discountsunverified | $2,077,830,637 | $2,321,197,062 | $2,470,247,297 | $2,384,731,836 | $1,986,107,341 | $1,958,306,059 |
| Net patient revenueunverified | $152,222,328 | $152,035,536 | $133,894,471 | $133,405,738 | $126,286,548 | $121,961,000 |
| Total operating expensesunverified | $190,129,328 | $187,220,536 | $199,396,471 | $186,738,738 | $167,182,323 | $171,197,136 |
| Net income from service to patientsunverified | $-37,907,000 | $-35,185,000 | $-65,502,000 | $-53,333,000 | $-40,895,775 | $-49,236,136 |
| Net incomeunverified | $-9,892,000 | $3,031,000 | $-25,529,000 | $-13,734,000 | $-51,709,000 | $-40,893,136 |
| Cost of uncompensated careunverified | $11,471,314 | $12,959,678 | $13,529,867 | $16,027,560 | $9,644,991 | $13,834,154 |
| Total facility bad debt expenseunverified | $15,167,264 | $19,579,583 | $39,737,513 | $11,211,199 | $3,162,615 | $116,002 |
| Charity care charges and uninsured discountsunverified | $154,978,624 | $206,939,719 | $185,881,221 | $265,455,172 | $157,772,312 | $216,498,524 |
| Cost of charity careunverified | $10,308,093 | $11,725,204 | $11,099,154 | $15,378,084 | $9,455,452 | $13,793,554 |
| Operating marginunverified | -24.9% | -23.1% | -48.9% | -40.0% | -32.4% | -40.4% |
| Overall cost-to-charge ratiounverified | 8.5% | 7.6% | 7.7% | 7.4% | 7.9% | 8.2% |
| Occupancy rateunverified | 51.0% | 46.9% | 42.7% | 39.3% | 37.9% | 38.4% |
| Average length of stayunverified | 5.7 | 5.2 | 5.6 | 5.2 | 4.7 | 4.8 |
| Uncompensated care as % of operating expenseunverified | 6.0% | 6.9% | 6.8% | 8.6% | 5.8% | 8.1% |
| Charity care cost-to-charge ratiounverified | 6.7% | 5.7% | 6.0% | 5.8% | 6.0% | 6.4% |