HACKENSACK MERIDIAN MOUNTAINSIDE MEDICAL — financial and operating metrics

CCN 310054, MONTCLAIR, 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 availableunverified185185184193193212
Total bed days availableunverified67,71067,52567,16070,44570,63877,307
Total facility dischargesunverified9,3999,2168,6618,8219,0749,871
Total facility inpatient daysunverified39,03141,68339,04339,22245,76542,743
Total patient revenue (gross charges)unverified$1,150,962,499$1,252,232,141$1,311,413,826$1,418,030,501$1,454,064,646$1,440,353,200
Contractual allowances and discountsunverified$907,115,139$969,148,134$1,005,078,668$1,082,657,139$1,108,050,685$1,061,698,060
Net patient revenueunverified$243,847,360$283,084,007$306,335,158$335,373,362$346,013,961$378,655,140
Total operating expensesunverified$234,992,352$238,031,552$268,838,348$283,717,203$288,997,317$303,953,544
Net income from service to patientsunverified$8,855,008$45,052,455$37,496,810$51,656,159$57,016,644$74,701,596
Net incomeunverified$33,515,076$57,033,846$46,604,543$59,960,026$52,689,535$72,973,035
Cost of uncompensated careunverified$8,374,882$7,300,618$8,700,160$8,820,809$11,374,826$12,571,521
Total facility bad debt expenseunverified$11,956,015$8,369,091$11,563,114$15,971,347$19,255,630$21,132,848
Charity care charges and uninsured discountsunverified$30,446,183$28,065,712$31,401,201$31,089,304$45,042,274$44,053,517
Cost of charity careunverified$5,944,158$5,526,798$6,248,265$5,850,953$7,934,061$8,579,844
Charges for insured patients' liabilityunverified$224,408$506,364$21,038
Operating marginunverified3.6%15.9%12.2%15.4%16.5%19.7%
Overall cost-to-charge ratiounverified20.4%19.0%20.5%20.0%19.9%21.1%
Occupancy rateunverified57.6%61.7%58.1%55.7%64.8%55.3%
Average length of stayunverified4.24.54.54.45.04.3
Uncompensated care as % of operating expenseunverified3.6%3.1%3.2%3.1%3.9%4.1%
Charity care cost-to-charge ratiounverified19.5%19.7%19.9%18.8%17.6%19.5%
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