CCN 314001, SUMMIT, 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 | 122 | 122 | 124 | 124 | 124 | 124 |
| Total bed days availableunverified | 44,652 | 44,530 | 45,260 | 45,260 | 45,384 | 45,260 |
| Total facility dischargesunverified | 3,527 | 3,065 | 3,136 | 3,181 | 3,177 | 3,375 |
| Total facility inpatient daysunverified | 39,764 | 35,803 | 34,628 | 35,289 | 33,707 | 36,018 |
| Total patient revenue (gross charges)unverified | $79,161,680 | $71,908,830 | $68,252,142 | $70,414,180 | $67,517,630 | $71,861,264 |
| Contractual allowances and discountsunverified | $46,199,989 | $41,539,977 | $39,018,352 | $38,978,537 | $37,155,416 | $38,978,122 |
| Net patient revenueunverified | $32,961,691 | $30,368,853 | $29,233,790 | $31,435,643 | $30,362,214 | $32,883,142 |
| Total operating expensesunverified | $28,121,506 | $28,952,234 | $29,694,874 | $31,647,660 | $34,861,735 | $38,057,211 |
| Net income from service to patientsunverified | $4,840,185 | $1,416,619 | $-461,084 | $-212,017 | $-4,499,521 | $-5,174,069 |
| Net incomeunverified | $4,874,947 | $2,243,147 | $-386,831 | $-194,247 | $-4,390,232 | $-5,136,864 |
| Operating marginunverified | 14.7% | 4.7% | -1.6% | -0.7% | -14.8% | -15.7% |
| Overall cost-to-charge ratiounverified | 35.5% | 40.3% | 43.5% | 44.9% | 51.6% | 53.0% |
| Occupancy rateunverified | 89.1% | 80.4% | 76.5% | 78.0% | 74.3% | 79.6% |
| Average length of stayunverified | 11.3 | 11.7 | 11.0 | 11.1 | 10.6 | 10.7 |