JERSEY CITY MEDICAL CENTER — financial and operating metrics

CCN 310074, JERSEY CITY, 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 availableunverified296303289303310310
Total bed days availableunverified108,336110,595105,485110,595113,460113,150
Total facility dischargesunverified12,91615,02414,86816,05518,71319,261
Total facility inpatient daysunverified63,16468,51465,84969,86082,07088,913
Total patient revenue (gross charges)unverified$1,826,945,845$2,067,115,519$2,173,004,570$2,418,228,128$2,865,649,299$3,183,205,876
Contractual allowances and discountsunverified$1,482,837,738$1,653,756,857$1,716,215,489$1,905,854,857$2,245,917,509$2,462,644,496
Net patient revenueunverified$344,108,107$413,358,662$456,789,081$512,373,271$619,731,790$720,561,380
Total operating expensesunverified$420,659,661$460,513,370$519,511,529$547,023,769$581,319,008$663,295,418
Net income from service to patientsunverified$-76,551,554$-47,154,708$-62,722,448$-34,650,498$38,412,782$57,265,962
Net incomeunverified$-7,098,520$-15,573,583$-33,801,601$-7,117,068$73,379,556$99,546,635
Cost of uncompensated careunverified$39,160,846$38,299,399$32,298,486$41,097,644$51,805,945$58,197,157
Total facility bad debt expenseunverified$27,526,510$13,640,674$13,640,674$31,412,060$3,925,362$37,072,999
Charity care charges and uninsured discountsunverified$119,537,580$147,047,730$149,536,483$177,321,648$281,200,883$284,566,803
Cost of charity careunverified$33,517,375$35,512,991$29,465,117$34,746,285$50,823,528$51,163,689
Charges for insured patients' liabilityunverified$36,149,531$10,205,582
Operating marginunverified-22.2%-11.4%-13.7%-6.8%6.2%7.9%
Overall cost-to-charge ratiounverified23.0%22.3%23.9%22.6%20.3%20.8%
Occupancy rateunverified58.3%62.0%62.4%63.2%72.3%78.6%
Average length of stayunverified4.94.64.44.44.44.6
Uncompensated care as % of operating expenseunverified9.3%8.3%6.2%7.5%8.9%8.8%
Charity care cost-to-charge ratiounverified28.0%24.2%19.7%19.6%18.1%18.0%
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