NIAGARA FALLS MEMORIAL MEDICAL CENTER — financial and operating metrics

CCN 330065, NIAGARA FALLS, 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 availableunverified133133133133133133
Total bed days availableunverified48,67848,54548,54548,54548,67848,545
Total facility dischargesunverified4,4703,8583,4053,6043,4543,363
Total facility inpatient daysunverified22,19924,36122,16624,60726,00425,985
Total patient revenue (gross charges)unverified$204,844,115$207,184,785$199,914,111$188,659,988$205,899,819$224,680,960
Contractual allowances and discountsunverified$107,975,583$107,482,598$116,843,995$97,774,910$108,114,900$125,992,443
Net patient revenueunverified$96,868,532$99,702,187$83,070,116$90,885,078$97,784,919$98,688,517
Total operating expensesunverified$126,103,635$126,773,239$128,443,723$134,161,650$137,876,117$148,948,371
Net income from service to patientsunverified$-29,235,103$-27,071,052$-45,373,607$-43,276,572$-40,091,198$-50,259,854
Net incomeunverified$2,637,881$-7,279,825$-7,070,330$743,675$7,465,086$1,590,203
Cost of uncompensated careunverified$2,832,611$1,705,622$1,663,611$1,728,321$2,390,572$2,513,996
Total facility bad debt expenseunverified$1,584,910$1,276,180$1,284,053$1,733,572$2,440,999$2,138,866
Charity care charges and uninsured discountsunverified$3,017,575$1,686,656$1,484,381$1,123,598$1,833,667$2,358,108
Cost of charity careunverified$1,984,654$1,056,990$990,069$713,094$1,123,776$1,438,693
Operating marginunverified-30.2%-27.2%-54.6%-47.6%-41.0%-50.9%
Overall cost-to-charge ratiounverified61.6%61.2%64.2%71.1%67.0%66.3%
Occupancy rateunverified45.6%50.2%45.7%50.7%53.4%53.5%
Average length of stayunverified5.06.36.56.87.57.7
Uncompensated care as % of operating expenseunverified2.2%1.3%1.3%1.3%1.7%1.7%
Charity care cost-to-charge ratiounverified65.8%62.7%66.7%63.5%61.3%61.0%
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