HUDSON REGIONAL HOSPITAL — financial and operating metrics

CCN 310118, SECAUCUS, NJ · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified102102102102102102
Total bed days availableunverified37,33237,43437,43437,23037,20037,200
Total facility dischargesunverified2,8293,1983,8033,8053,4403,440
Total facility inpatient daysunverified10,06513,59814,17814,12113,15012,710
Total patient revenue (gross charges)unverified$766,917,435$926,453,181$1,088,646,095$1,172,120,264$1,350,758,024$1,511,910,227
Contractual allowances and discountsunverified$620,170,478$806,425,235$948,013,190$1,019,449,178$1,174,684,544$1,289,821,873
Net patient revenueunverified$146,746,957$120,027,946$140,632,905$152,671,086$176,073,480$222,088,354
Total operating expensesunverified$138,586,523$107,417,734$133,432,694$148,944,134$167,765,238$188,304,006
Net income from service to patientsunverified$8,160,434$12,610,212$7,200,211$3,726,952$8,308,242$33,784,348
Net incomeunverified$8,774,299$11,898,016$23,083,117$8,619,265$9,904,687$38,344,962
Cost of uncompensated careunverified$652,286$518,732$397,209$427,400$4,950,303$224,933
Total facility bad debt expenseunverified$223,441$290,496$275,792$337,174$37,356,604$97,382
Charity care charges and uninsured discountsunverified$5,497,662$4,057,910$2,864,860$2,638,046$3,835,711$1,620,807
Cost of charity careunverified$574,082$427,502$305,677$309,389$455,296$190,850
Operating marginunverified5.6%10.5%5.1%2.4%4.7%15.2%
Overall cost-to-charge ratiounverified18.1%11.6%12.3%12.7%12.4%12.5%
Occupancy rateunverified27.0%36.3%37.9%37.9%35.3%34.2%
Average length of stayunverified3.64.33.73.73.83.7
Uncompensated care as % of operating expenseunverified0.5%0.5%0.3%0.3%3.0%0.1%
Charity care cost-to-charge ratiounverified10.4%10.5%10.7%11.7%11.9%11.8%
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