SAINT MICHAEL'S MEDICAL CENTER — financial and operating metrics

CCN 310096, NEWARK, 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 availableunverified147147147147110110
Total bed days availableunverified53,80253,65553,65553,65540,26040,150
Total facility dischargesunverified6,2485,3065,4185,8515,9226,012
Total facility inpatient daysunverified28,71827,06126,67825,85726,30328,504
Total patient revenue (gross charges)unverified$765,974,120$908,029,393$824,668,269$863,208,388$869,903,803$898,586,299
Contractual allowances and discountsunverified$619,455,164$741,526,891$626,074,611$706,685,548$713,905,619$715,920,073
Net patient revenueunverified$146,518,956$166,502,502$198,593,658$156,522,840$155,998,184$182,666,226
Total operating expensesunverified$178,806,951$180,414,905$225,686,759$189,256,086$177,692,216$190,075,698
Net income from service to patientsunverified$-32,287,995$-13,912,403$-27,093,101$-32,733,246$-21,694,032$-7,409,472
Net incomeunverified$6,942,803$10,399,879$-21,112,143$-26,657,983$-15,707,064$-801,094
Cost of uncompensated careunverified$12,710,397$12,468,060$11,692,212$13,808,135$13,303,481$5,650,383
Total facility bad debt expenseunverified$49,606,775$26,666,459$26,053,075$25,829,906$21,479,034$22,367,423
Charity care charges and uninsured discountsunverified$15,342,522$52,316,188$34,256,697$46,344,735$51,583,472$9,420,757
Cost of charity careunverified$3,024,506$8,235,393$6,531,857$8,722,450$9,394,639$1,634,229
Charges for insured patients' liabilityunverified$42,304
Operating marginunverified-22.0%-8.4%-13.6%-20.9%-13.9%-4.1%
Overall cost-to-charge ratiounverified23.3%19.9%27.4%21.9%20.4%21.2%
Occupancy rateunverified53.4%50.4%49.7%48.2%65.3%71.0%
Average length of stayunverified4.65.14.94.44.44.7
Uncompensated care as % of operating expenseunverified7.1%6.9%5.2%7.3%7.5%3.0%
Charity care cost-to-charge ratiounverified19.7%15.7%19.1%18.8%18.2%17.3%
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