CCN 310047, SOMERS POINT, 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 | 199 | 199 | 199 | 199 | 199 | 199 |
| Total bed days availableunverified | 72,834 | 72,635 | 72,635 | 72,635 | 72,834 | 72,635 |
| Total facility dischargesunverified | 7,359 | 7,937 | 7,879 | 7,632 | 7,280 | 6,770 |
| Total facility inpatient daysunverified | 34,053 | 37,457 | 35,999 | 36,012 | 33,133 | 31,411 |
| Total patient revenue (gross charges)unverified | $967,717,065 | $1,181,806,344 | $1,234,108,215 | $1,233,479,333 | $1,237,207,693 | $1,253,415,727 |
| Contractual allowances and discountsunverified | $789,803,663 | $958,275,733 | $984,274,966 | $985,951,144 | $985,851,032 | $1,004,279,826 |
| Net patient revenueunverified | $177,913,402 | $223,530,611 | $249,833,249 | $247,528,189 | $251,356,661 | $249,135,901 |
| Total operating expensesunverified | $166,052,741 | $191,935,386 | $200,140,449 | $209,432,009 | $223,665,244 | $225,927,049 |
| Net income from service to patientsunverified | $11,860,661 | $31,595,225 | $49,692,800 | $38,096,180 | $27,691,417 | $23,208,852 |
| Net incomeunverified | $30,039,001 | $38,142,660 | $37,077,835 | $32,691,341 | $48,230,742 | $48,057,833 |
| Cost of uncompensated careunverified | $4,856,810 | $3,937,602 | $4,972,401 | $5,455,836 | $5,806,111 | $5,588,991 |
| Total facility bad debt expenseunverified | $7,138,448 | $6,998,438 | $7,848,571 | $8,799,831 | $2,397,893 | $1,401,389 |
| Charity care charges and uninsured discountsunverified | $19,925,498 | $16,173,762 | $18,318,114 | $23,559,138 | $30,497,205 | $30,940,953 |
| Cost of charity careunverified | $3,429,740 | $2,643,117 | $3,584,877 | $3,888,943 | $5,087,335 | $5,101,122 |
| Charges for insured patients' liabilityunverified | — | — | — | $295,731 | — | — |
| Operating marginunverified | 6.7% | 14.1% | 19.9% | 15.4% | 11.0% | 9.3% |
| Overall cost-to-charge ratiounverified | 17.2% | 16.2% | 16.2% | 17.0% | 18.1% | 18.0% |
| Occupancy rateunverified | 46.8% | 51.6% | 49.6% | 49.6% | 45.5% | 43.2% |
| Average length of stayunverified | 4.6 | 4.7 | 4.6 | 4.7 | 4.6 | 4.6 |
| Uncompensated care as % of operating expenseunverified | 2.9% | 2.1% | 2.5% | 2.6% | 2.6% | 2.5% |
| Charity care cost-to-charge ratiounverified | 17.2% | 16.3% | 19.6% | 16.5% | 16.7% | 16.5% |