HCRIS
Cost Report · CCN 310111 · FY 2024

CENTRASTATE MEDICAL CENTER

FREEHOLD, NJ 07728 · Fiscal year ending 2024-12-31

Acute Care Hospitals2241 bedsSystem: centrastate
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$381.4M
TOTAL REVENUES
$30.7M
NET INCOME
8.0%
OPERATING MARGIN
11,530
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$381.4M
Total costs
$405.0M
Net income
$30.7M
Operating margin
8.0%
Total charges
$896.1M
Medicare charges
$387.3M
Medicaid charges
Charity care charges
$22.9M
Uncompensated care
$9.2M
Bad debt
$4.0M
Total assets
$487.4M
Total liabilities
$204.6M
Fund balance
$282.9M
02 — UTILIZATION

Utilization

Total beds
241
Bed days available
88,206
Total inpatient days
61,690
Medicare inpatient days
28,469
Medicaid inpatient days
1,825
Total outpatient visits
Total discharges
11,530
Total FTEs
Inpatient residents
Outpatient residents
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2024-12-3111,530$381.4M$30.7M8.0%
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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
4 / 5
Emergency services
Yes
Mortality vs national avg
Above 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 (PY2022)

DRGDescriptionDischargesAvg payment
871SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC448$17K
871SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC345$17K
291HEART FAILURE AND SHOCK WITH MCC289$11K
291HEART FAILURE AND SHOCK WITH MCC277$11K
177RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC179$16K
193SIMPLE PNEUMONIA AND PLEURISY WITH MCC173$11K
193SIMPLE PNEUMONIA AND PLEURISY WITH MCC154$12K
690KIDNEY AND URINARY TRACT INFECTIONS WITHOUT MCC152$7K
177RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC150$14K
689KIDNEY AND URINARY TRACT INFECTIONS WITH MCC125$10K
07 — MARKET (HSAF)

Top patient-origin ZIPs

Catchment based on CMS Hospital Service Area File (PY2022)

ZIPCasesBed days
077281,94011252
077281,91111610
077281,79410089
077281,72010574
077281,6909922
077281,5549585
077261,1656590
085271,1436123
077261,0855919
077261,0586194
CROSS-REFERENCE

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