▸ Cost Report · CCN 310091 · FY 2023
SALEM MEDICAL CENTER
SALEM, NJ 08079 · Fiscal year ending 2023-09-30
$26.2M
TOTAL REVENUES
−$17.7M
NET INCOME
-67.7%
OPERATING MARGIN
1,315
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $26.2M
- Total costs
- $45.5M
- Net income
- −$17.7M
- Operating margin
- -67.7%
- Total charges
- $141.7M
- Medicare charges
- $33.3M
- Medicaid charges
- —
- Charity care charges
- $2.1M
- Uncompensated care
- $17.6M
- Bad debt
- $1.5M
- Total assets
- $37.3M
- Total liabilities
- $38.1M
- Fund balance
- −$840K
02 — UTILIZATION
Utilization
- Total beds
- 113
- Bed days available
- 41,245
- Total inpatient days
- 5,685
- Medicare inpatient days
- 2,338
- Medicaid inpatient days
- 114
- Total outpatient visits
- —
- Total discharges
- 1,315
- Total FTEs
- 222
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2023-09-30 | 1,315 | $26.2M | −$17.7M | -67.7% |
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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 3 distress signals. Upgrade to see which signals fired and the underlying numbers.See Solo · $499/yr →
04 — PEER BENCHMARK
Peer cohort — NJ
96 hospitals filing FY2023
- Median operating margin
- 3.6%
- 25th percentile margin
- -3.8%
- 75th percentile margin
- 9.6%
- Median discharges
- 5,566
- Median net income
- $3.8M
- Median bed count
- 177
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 | 48 | $13K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 34 | $10K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 32 | $10K |
| 885 | PSYCHOSES | 28 | $10K |
| 690 | KIDNEY AND URINARY TRACT INFECTIONS WITHOUT MCC | 22 | $6K |
| 689 | KIDNEY AND URINARY TRACT INFECTIONS WITH MCC | 19 | $9K |
| 872 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC | 19 | $8K |
| 190 | CHRONIC OBSTRUCTIVE PULMONARY DISEASE WITH MCC | 18 | $8K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 18 | $14K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 13 | $9K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2018)
| ZIP | Cases | Bed days |
|---|---|---|
| 08069 | 483 | 1699 |
| 08070 | 421 | 1492 |
| 08079 | 348 | 1179 |
| 08070 | 343 | 1261 |
| 08069 | 339 | 1358 |
| 08079 | 313 | 1164 |
| 08070 | 309 | 1285 |
| 08069 | 304 | 1521 |
| 08070 | 260 | 1015 |
| 08079 | 248 | 1068 |
06 — COMMUNITY BENEFIT (IRS 990 SCHEDULE H)
Schedule H community benefit · Salem County Hospital Corp
FY2022 · matched by name + state · sourced via ProPublica Nonprofit Explorer
- Total revenue (990)
- $62.7M
- Total expenses (990)
- $51.4M
- Charity care cost
- —
- Unreimbursed Medicaid
- —
- Community health improvement spend
- —
CROSS-REFERENCE
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