HACKENSACK MERIDIAN HEALTH CARRIER CLINIC — financial and operating metrics

CCN 314012, BELLE MEAD, 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 availableunverified212224232232229241
Total bed days availableunverified77,59281,76084,68084,68083,63187,965
Total facility dischargesunverified4,3773,6022,9823,5353,6584,646
Total facility inpatient daysunverified60,07251,65350,12556,74457,16563,097
Total patient revenue (gross charges)unverified$148,266,033$135,057,227$149,437,144$195,781,442$208,983,918$245,962,637
Contractual allowances and discountsunverified$67,869,683$54,330,480$71,839,733$107,084,878$120,241,113$140,347,542
Net patient revenueunverified$80,396,350$80,726,747$77,597,411$88,696,564$88,742,805$105,615,095
Total operating expensesunverified$87,478,720$93,759,460$89,086,082$94,272,923$109,501,988$127,792,842
Net income from service to patientsunverified$-7,082,370$-13,032,713$-11,488,671$-5,576,359$-20,759,183$-22,177,747
Net incomeunverified$2,159,884$18,458,412$9,910,905$952,649$825,254$37,009,291
Operating marginunverified-8.8%-16.1%-14.8%-6.3%-23.4%-21.0%
Overall cost-to-charge ratiounverified59.0%69.4%59.6%48.2%52.4%52.0%
Occupancy rateunverified77.4%63.2%59.2%67.0%68.4%71.7%
Average length of stayunverified13.714.316.816.115.613.6
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