MONMOUTH MEDICAL CENTER — financial and operating metrics

CCN 310075, LONG BRANCH, 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 availableunverified240228240235240232
Total bed days availableunverified87,84083,22087,60085,77587,84084,680
Total facility dischargesunverified13,39320,34420,14020,77220,89820,382
Total facility inpatient daysunverified57,89963,33359,42663,03963,83860,164
Total patient revenue (gross charges)unverified$1,465,347,763$1,707,687,329$1,764,443,810$1,921,111,532$2,081,353,017$2,110,565,274
Contractual allowances and discountsunverified$1,083,276,699$1,267,022,702$1,315,776,147$1,388,526,227$1,476,637,059$1,458,681,427
Net patient revenueunverified$382,071,064$440,664,627$448,667,663$532,585,305$604,715,958$651,883,847
Total operating expensesunverified$414,682,805$458,132,011$497,136,624$500,445,627$524,472,915$574,632,045
Net income from service to patientsunverified$-32,611,741$-17,467,384$-48,468,961$32,139,678$80,243,043$77,251,802
Net incomeunverified$19,998,397$3,404,384$-28,905,055$54,218,250$106,241,452$107,428,289
Cost of uncompensated careunverified$21,250,594$18,210,345$20,187,472$26,501,025$31,556,484$36,914,790
Total facility bad debt expenseunverified$9,761,870$13,330,604$19,144,968$19,573,078$18,242,619$20,219,680
Charity care charges and uninsured discountsunverified$75,812,790$71,196,679$61,788,669$98,159,167$116,352,673$127,331,549
Cost of charity careunverified$18,714,483$15,210,601$15,303,200$21,987,543$27,242,635$31,787,963
Charges for insured patients' liabilityunverified$7,222,135$4,136,449
Operating marginunverified-8.5%-4.0%-10.8%6.0%13.3%11.9%
Overall cost-to-charge ratiounverified28.3%26.8%28.2%26.0%25.2%27.2%
Occupancy rateunverified65.9%76.1%67.8%73.5%72.7%71.0%
Average length of stayunverified4.33.13.03.03.13.0
Uncompensated care as % of operating expenseunverified5.1%4.0%4.1%5.3%6.0%6.4%
Charity care cost-to-charge ratiounverified24.7%21.4%24.8%22.4%23.4%25.0%
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