▸ Cost Report · CCN 310047 · FY 2024
SHORE MEMORIAL HOSPITAL
SOMERS POINT, NJ 08244 · Fiscal year ending 2024-12-31
$251.4M
TOTAL REVENUES
$48.2M
NET INCOME
19.2%
OPERATING MARGIN
7,280
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $251.4M
- Total costs
- $223.7M
- Net income
- $48.2M
- Operating margin
- 19.2%
- Total charges
- $788.8M
- Medicare charges
- $196.1M
- Medicaid charges
- —
- Charity care charges
- $30.5M
- Uncompensated care
- $6.5M
- Bad debt
- $19.0M
- Total assets
- $357.1M
- Total liabilities
- $67.3M
- Fund balance
- $289.8M
02 — UTILIZATION
Utilization
- Total beds
- 199
- Bed days available
- 72,834
- Total inpatient days
- 33,133
- Medicare inpatient days
- 13,985
- Medicaid inpatient days
- 2,365
- Total outpatient visits
- —
- Total discharges
- 7,280
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 7,280 | $251.4M | $48.2M | 19.2% |
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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 →
DISTRESS RADAR
Risk signals detected
Auto-flagged from 3-year trend on margin, volume, and bad debt
This hospital tripped 2 distress signals. Upgrade to see which signals fired and the underlying numbers.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
3 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Same as the national average
- Safety vs national avg
- Above the national average
- Readmissions vs national avg
- Below 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 (PY2021)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 180 | $15K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 160 | $16K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 148 | $10K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 140 | $10K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 105 | $14K |
| 392 | ESOPHAGITIS, GASTROENTERITIS AND MISCELLANEOUS DIGESTIVE DIS… | 101 | $6K |
| 392 | ESOPHAGITIS, GASTROENTERITIS AND MISCELLANEOUS DIGESTIVE DIS… | 97 | $7K |
| 603 | CELLULITIS WITHOUT MCC | 81 | $7K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 78 | $13K |
| 603 | CELLULITIS WITHOUT MCC | 73 | $8K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2019)
| ZIP | Cases | Bed days |
|---|---|---|
| 08234 | 804 | 3573 |
| 08234 | 795 | 3394 |
| 08234 | 780 | 3858 |
| 08234 | 713 | 3410 |
| 08234 | 660 | 3123 |
| 08234 | 649 | 3326 |
| 08226 | 625 | 2601 |
| 08226 | 585 | 2538 |
| 08226 | 554 | 2617 |
| 08226 | 547 | 2645 |
CROSS-REFERENCE
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