CCN 310051, SUMMIT, 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 | 450 | 468 | 431 | 442 | 429 | 413 |
| Total bed days availableunverified | 164,700 | 170,820 | 160,448 | 161,307 | 157,014 | 150,983 |
| Total facility dischargesunverified | 26,368 | 21,622 | 21,270 | 21,191 | 21,415 | 21,910 |
| Total facility inpatient daysunverified | 93,572 | 95,000 | 96,445 | 100,440 | 100,847 | 99,066 |
| Total patient revenue (gross charges)unverified | — | — | $3,902,431,580 | $4,310,562,554 | $4,822,012,396 | $5,272,384,461 |
| Contractual allowances and discountsunverified | — | — | $3,022,277,286 | $3,359,799,034 | $3,779,126,343 | $4,115,983,393 |
| Net patient revenueunverified | — | — | $880,154,294 | $950,763,520 | $1,042,886,053 | $1,156,401,068 |
| Total operating expensesunverified | $841,576,342 | $731,609,315 | $801,874,581 | $867,440,789 | $945,208,987 | $1,030,188,311 |
| Net income from service to patientsunverified | $-841,576,342 | $-731,609,315 | $78,279,713 | $83,322,731 | $97,677,066 | $126,212,757 |
| Net incomeunverified | $-841,576,342 | $-731,609,315 | $102,002,811 | $107,832,186 | $110,452,989 | $145,793,848 |
| Cost of uncompensated careunverified | $6,706,794 | $14,706,448 | $16,407,906 | $20,764,785 | $29,918,116 | $24,925,332 |
| Total facility bad debt expenseunverified | $28,373,590 | $17,829,113 | $19,916,441 | $28,499,423 | $38,150,270 | $31,372,337 |
| Charity care charges and uninsured discountsunverified | $35,375,656 | $49,177,410 | $59,047,843 | $77,520,768 | $117,351,627 | $101,558,424 |
| Cost of charity careunverified | $1,059,593 | $10,700,683 | $12,190,570 | $15,088,452 | $22,125,852 | $18,883,282 |
| Charges for insured patients' liabilityunverified | — | — | — | $55,793 | — | $352,640 |
| Operating marginunverified | — | — | 8.9% | 8.8% | 9.4% | 10.9% |
| Overall cost-to-charge ratiounverified | — | — | 20.5% | 20.1% | 19.6% | 19.5% |
| Occupancy rateunverified | 56.8% | 55.6% | 60.1% | 62.3% | 64.2% | 65.6% |
| Average length of stayunverified | 3.5 | 4.4 | 4.5 | 4.7 | 4.7 | 4.5 |
| Uncompensated care as % of operating expenseunverified | 0.8% | 2.0% | 2.0% | 2.4% | 3.2% | 2.4% |
| Charity care cost-to-charge ratiounverified | 3.0% | 21.8% | 20.6% | 19.5% | 18.9% | 18.6% |