GARNET HEALTH MEDICAL CENTER — financial and operating metrics

CCN 330126, MIDDLETOWN, 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 availableunverified329329329329329329
Total bed days availableunverified120,414120,085120,085120,085120,414120,085
Total facility dischargesunverified20,36319,34018,31818,79019,36919,192
Total facility inpatient daysunverified95,504102,60299,44899,267103,91694,839
Total patient revenue (gross charges)unverified$1,775,270,440$2,005,215,210$2,098,604,990$2,264,753,977$2,547,097,575$2,724,665,392
Contractual allowances and discountsunverified$1,275,889,368$1,452,591,377$1,524,541,948$1,711,677,900$1,917,559,736$2,105,477,782
Net patient revenueunverified$499,381,072$552,623,833$574,063,042$553,076,077$629,537,839$619,187,610
Total operating expensesunverified$572,103,572$578,452,521$613,314,742$651,644,848$671,183,094$649,753,229
Net income from service to patientsunverified$-72,722,500$-25,828,688$-39,251,700$-98,568,771$-41,645,255$-30,565,619
Net incomeunverified$15,067,750$6,780,692$-25,299,937$-69,652,548$-15,402,279$-13,428,656
Cost of uncompensated careunverified$12,464,066$11,161,732$11,949,981$12,737,002$15,833,361$14,135,674
Total facility bad debt expenseunverified$15,173,161$18,277,866$15,273,343$13,069,070$24,476,543$19,865,370
Charity care charges and uninsured discountsunverified$28,011,783$26,011,857$27,900,017$35,042,132$42,546,539$43,480,429
Cost of charity careunverified$8,185,186$6,506,851$7,919,343$9,240,918$10,007,104$9,658,660
Charges for insured patients' liabilityunverified$5,057$3,250,455
Operating marginunverified-14.6%-4.7%-6.8%-17.8%-6.6%-4.9%
Overall cost-to-charge ratiounverified32.2%28.8%29.2%28.8%26.4%23.8%
Occupancy rateunverified79.3%85.4%82.8%82.7%86.3%79.0%
Average length of stayunverified4.75.35.45.35.44.9
Uncompensated care as % of operating expenseunverified2.2%1.9%1.9%2.0%2.4%2.2%
Charity care cost-to-charge ratiounverified29.2%25.0%28.4%26.4%23.5%22.2%
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