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▸ Cost Report · CCN 310015 · FY 2024
MORRISTOWN MEDICAL CENTER
MORRISTOWN, NJ 07960-6136 · Fiscal year ending 2024-12-31
Acute Care Hospitals2713 beds
$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