MONTEFIORE ST LUKE'S CORNWALL — financial and operating metrics

CCN 330264, NEWBURGH, 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 availableunverified193193193193193193
Total bed days availableunverified70,63870,44570,44570,44570,63870,445
Total facility dischargesunverified8,9649,4698,9079,1248,91910,380
Total facility inpatient daysunverified43,22148,42344,14243,60742,19947,196
Total patient revenue (gross charges)unverified$987,396,618$1,157,396,927$1,241,004,521$1,389,692,808$1,529,951,475$1,724,369,164
Contractual allowances and discountsunverified$786,155,573$937,647,001$1,005,990,542$1,143,271,224$1,266,323,118$1,436,081,136
Net patient revenueunverified$201,241,045$219,749,926$235,013,979$246,421,584$263,628,357$288,288,028
Total operating expensesunverified$231,569,891$241,320,747$247,502,966$259,149,532$278,971,206$286,107,990
Net income from service to patientsunverified$-30,328,846$-21,570,821$-12,488,987$-12,727,948$-15,342,849$2,180,038
Net incomeunverified$25,836,245$14,688,603$-5,040,213$-4,973,053$-2,160,176$5,845,651
Cost of uncompensated careunverified$4,781,051$4,971,213$5,407,965$5,283,994$6,474,526$6,873,982
Total facility bad debt expenseunverified$3,807,803$2,309,345$1,602,669$2,504,056$3,185,792$8,041,405
Charity care charges and uninsured discountsunverified$13,309,356$17,830,797$23,956,513$26,657,086$34,288,483$35,439,501
Cost of charity careunverified$3,864,946$4,448,866$5,056,010$4,774,714$5,902,331$5,502,117
Charges for insured patients' liabilityunverified$606,995$966$9
Operating marginunverified-15.1%-9.8%-5.3%-5.2%-5.8%0.8%
Overall cost-to-charge ratiounverified23.5%20.9%19.9%18.6%18.2%16.6%
Occupancy rateunverified61.2%68.7%62.7%61.9%59.7%67.0%
Average length of stayunverified4.85.15.04.84.74.5
Uncompensated care as % of operating expenseunverified2.1%2.1%2.2%2.0%2.3%2.4%
Charity care cost-to-charge ratiounverified29.0%25.0%21.1%17.9%17.2%15.5%
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