CCN 310111, FREEHOLD, 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 | 261 | 239 | 240 | 240 | 241 | 250 |
| Total bed days availableunverified | 95,526 | 87,235 | 87,600 | 87,600 | 88,206 | 91,250 |
| Total facility dischargesunverified | 10,376 | 12,310 | 11,530 | 11,087 | 11,530 | 12,551 |
| Total facility inpatient daysunverified | 54,149 | 64,053 | 66,398 | 62,124 | 61,690 | 65,572 |
| Total patient revenue (gross charges)unverified | $965,834,824 | $1,144,596,758 | $1,226,975,434 | $1,316,682,398 | $1,462,469,196 | $1,627,567,025 |
| Contractual allowances and discountsunverified | $716,559,327 | $838,745,201 | $919,198,881 | $971,888,631 | $1,081,117,819 | $1,226,957,154 |
| Net patient revenueunverified | $249,275,497 | $305,851,557 | $307,776,553 | $344,793,767 | $381,351,377 | $400,609,871 |
| Total operating expensesunverified | $298,547,042 | $344,441,329 | $379,110,501 | $387,147,621 | $404,959,340 | $424,586,912 |
| Net income from service to patientsunverified | $-49,271,545 | $-38,589,772 | $-71,333,948 | $-42,353,854 | $-23,607,963 | $-23,977,041 |
| Net incomeunverified | $8,889,290 | $3,759,145 | $4,139,158 | $16,473,160 | $30,653,831 | $16,109,993 |
| Cost of uncompensated careunverified | $6,706,116 | $5,670,255 | $7,167,564 | $6,716,412 | $9,189,432 | $9,295,941 |
| Total facility bad debt expenseunverified | $6,632,715 | $3,111,946 | $5,389,146 | $6,366,075 | $13,907,948 | $11,823,303 |
| Charity care charges and uninsured discountsunverified | $16,483,364 | $16,767,860 | $18,461,761 | $18,402,061 | $22,866,243 | $26,575,185 |
| Cost of charity careunverified | $4,792,307 | $4,728,509 | $5,550,753 | $4,949,106 | $5,672,291 | $6,520,728 |
| Charges for insured patients' liabilityunverified | — | — | — | $1,525 | $32,823 | — |
| Operating marginunverified | -19.8% | -12.6% | -23.2% | -12.3% | -6.2% | -6.0% |
| Overall cost-to-charge ratiounverified | 30.9% | 30.1% | 30.9% | 29.4% | 27.7% | 26.1% |
| Occupancy rateunverified | 56.7% | 73.4% | 75.8% | 70.9% | 69.9% | 71.9% |
| Average length of stayunverified | 5.2 | 5.2 | 5.8 | 5.6 | 5.4 | 5.2 |
| Uncompensated care as % of operating expenseunverified | 2.2% | 1.6% | 1.9% | 1.7% | 2.3% | 2.2% |
| Charity care cost-to-charge ratiounverified | 29.1% | 28.2% | 30.1% | 26.9% | 24.8% | 24.5% |