▸ Cost Report · CCN 310015 · FY 2024
MORRISTOWN MEDICAL CENTER
MORRISTOWN, NJ 07960-6136 · Fiscal year ending 2024-12-31
$2.03B
TOTAL REVENUES
$486.1M
NET INCOME
24.0%
OPERATING MARGIN
43,101
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $2.03B
- Total costs
- $1.82B
- Net income
- $486.1M
- Operating margin
- 24.0%
- Total charges
- $6.17B
- Medicare charges
- $1.95B
- Medicaid charges
- —
- Charity care charges
- $148.5M
- Uncompensated care
- $68.0M
- Bad debt
- $52.8M
- Total assets
- $6.00B
- Total liabilities
- $2.04B
- Fund balance
- $3.96B
02 — UTILIZATION
Utilization
- Total beds
- 713
- Bed days available
- 261,057
- Total inpatient days
- 232,655
- Medicare inpatient days
- 76,045
- Medicaid inpatient days
- 5,399
- Total outpatient visits
- —
- Total discharges
- 43,101
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 43,101 | $2.03B | $486.1M | 24.0% |
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03b — TREND CHART
Revenue, costs, and net income by fiscal year
Multi-year P&L chart — visualize revenue, costs, and net income side-by-side across every filing.See Solo · $499/yr →
04 — PEER BENCHMARK
Peer cohort — NJ Acute Care Hospitals
61 hospitals filing FY2024
- Median operating margin
- 3.9%
- 25th percentile margin
- -0.0%
- 75th percentile margin
- 10.6%
- Median discharges
- 12,089
- Median net income
- $12.5M
- Median bed count
- 240
05 — QUALITY (CMS CARE COMPARE)
CMS Care Compare quality measures
Sourced from data.cms.gov · refreshed monthly. CMS publishes these — we surface them.
Overall rating
5 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Above the national average
- Safety vs national avg
- Above the national average
- Readmissions vs national avg
- Above the national average
- Patient experience vs national avg
- —
- Timely & effective vs national avg
- —
07a — MS-DRG MIX
Top inpatient DRGs by volume
Per CMS Medicare Inpatient Hospitals dataset (PY2022)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 291 | HEART FAILURE AND SHOCK WITH MCC | 628 | $14K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 609 | $13K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 470 | $22K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 433 | $20K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 391 | $20K |
| 267 | ENDOVASCULAR CARDIAC VALVE REPLACEMENT AND SUPPLEMENT PROCED… | 382 | $49K |
| 267 | ENDOVASCULAR CARDIAC VALVE REPLACEMENT AND SUPPLEMENT PROCED… | 362 | $49K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 348 | $17K |
| 690 | KIDNEY AND URINARY TRACT INFECTIONS WITHOUT MCC | 305 | $8K |
| 689 | KIDNEY AND URINARY TRACT INFECTIONS WITH MCC | 292 | $13K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2022)
| ZIP | Cases | Bed days |
|---|---|---|
| 07960 | 1,416 | 8535 |
| 07960 | 1,332 | 7858 |
| 07960 | 1,278 | 7501 |
| 07960 | 1,250 | 7757 |
| 07960 | 1,239 | 7495 |
| 07960 | 1,179 | 7280 |
| 07054 | 721 | 4908 |
| 07054 | 695 | 3810 |
| 07950 | 639 | 3833 |
| 07950 | 634 | 3694 |
CROSS-REFERENCE
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