ALBANY MEDICAL CENTER HOSPITAL — financial and operating metrics

CCN 330013, ALBANY, NY · 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 availableunverified748743719719719719
Total bed days availableunverified273,768271,195262,435262,435263,154262,435
Total facility dischargesunverified35,21934,23232,53836,27234,54236,604
Total facility inpatient daysunverified203,266213,760214,658231,788231,661236,182
Total patient revenue (gross charges)unverified$3,361,286,558$3,459,069,448$3,373,948,565$3,677,322,193$3,760,661,898$3,975,500,403
Contractual allowances and discountsunverified$2,310,826,911$2,345,503,843$2,265,769,877$2,433,577,805$2,499,190,866$2,588,108,880
Net patient revenueunverified$1,050,459,647$1,113,565,605$1,108,178,688$1,243,744,388$1,261,471,032$1,387,391,523
Total operating expensesunverified$1,103,680,267$1,190,658,235$1,320,295,023$1,408,078,182$1,426,723,640$1,528,017,806
Net income from service to patientsunverified$-53,220,620$-77,092,630$-212,116,335$-164,333,794$-165,252,608$-140,626,283
Net incomeunverified$82,197,555$109,667,133$-87,582,191$42,957,421$52,496,878$76,203,280
Cost of uncompensated careunverified$11,171,227$7,956,476$10,393,729$10,521,965$16,349,516$20,626,363
Total facility bad debt expenseunverified$18,964,905$15,711,298$18,891,369$19,317,155$15,592,013$14,685,144
Charity care charges and uninsured discountsunverified$21,043,032$14,086,990$13,999,535$15,361,044$33,228,675$35,904,593
Cost of charity careunverified$6,103,493$3,882,329$4,635,687$4,885,237$11,805,293$16,321,197
Charges for insured patients' liabilityunverified$433,890
Operating marginunverified-5.1%-6.9%-19.1%-13.2%-13.1%-10.1%
Overall cost-to-charge ratiounverified32.8%34.4%39.1%38.3%37.9%38.4%
Occupancy rateunverified74.2%78.8%81.8%88.3%88.0%90.0%
Average length of stayunverified5.86.26.66.46.76.5
Uncompensated care as % of operating expenseunverified1.0%0.7%0.8%0.7%1.1%1.3%
Charity care cost-to-charge ratiounverified29.0%27.6%33.1%31.8%35.5%45.5%
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