RICHMOND UNIVERSITY MEDICAL CENTER — financial and operating metrics

CCN 330028, STATEN ISLAND, 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 availableunverified215215215209209209
Total bed days availableunverified76,17375,51175,39775,78975,81575,432
Total facility dischargesunverified10,31810,38610,92711,16711,74411,270
Total facility inpatient daysunverified58,83357,28460,57261,44963,65164,441
Total patient revenue (gross charges)unverified$1,049,716,434$1,258,646,698$1,530,029,573$1,676,176,605$1,997,069,987$2,226,709,809
Contractual allowances and discountsunverified$772,633,732$939,036,917$1,142,673,630$1,296,123,295$1,584,133,382$1,808,905,301
Net patient revenueunverified$277,082,702$319,609,781$387,355,943$380,053,310$412,936,605$417,804,508
Total operating expensesunverified$422,053,399$430,489,242$460,493,121$518,802,618$564,450,345$568,355,458
Net income from service to patientsunverified$-144,970,697$-110,879,461$-73,137,178$-138,749,308$-151,513,740$-150,550,950
Net incomeunverified$-53,704,008$-16,485,841$-2,781,383$-18,483,499$-44,792,912$53,686,048
Cost of uncompensated careunverified$10,233,614$7,021,219$6,838,182$10,165,052$12,414,989$11,979,126
Total facility bad debt expenseunverified$17,667,095$13,503,426$6,895,222$18,122,653$16,216,934$20,087,881
Charity care charges and uninsured discountsunverified$15,830,355$13,475,734$24,060,345$31,436,322$39,297,358$40,224,031
Cost of charity careunverified$4,893,550$3,483,315$5,271,140$6,465,782$9,046,623$8,223,576
Charges for insured patients' liabilityunverified$372,162
Operating marginunverified-52.3%-34.7%-18.9%-36.5%-36.7%-36.0%
Overall cost-to-charge ratiounverified40.2%34.2%30.1%31.0%28.3%25.5%
Occupancy rateunverified77.2%75.9%80.3%81.1%84.0%85.4%
Average length of stayunverified5.75.55.55.55.45.7
Uncompensated care as % of operating expenseunverified2.4%1.6%1.5%2.0%2.2%2.1%
Charity care cost-to-charge ratiounverified30.9%25.8%21.9%20.6%23.0%20.4%
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