▸ Cost Report · CCN 310115 · FY 2024
HACKETTSTOWN MEDICAL CENTER
HACKETTSTOWN, NJ 07823 · Fiscal year ending 2024-12-31
$146.1M
TOTAL REVENUES
$4.1M
NET INCOME
2.8%
OPERATING MARGIN
3,808
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $146.1M
- Total costs
- $143.1M
- Net income
- $4.1M
- Operating margin
- 2.8%
- Total charges
- $598.9M
- Medicare charges
- $196.3M
- Medicaid charges
- —
- Charity care charges
- $20.7M
- Uncompensated care
- $6.9M
- Bad debt
- $115K
- Total assets
- $35.1M
- Total liabilities
- $22.3M
- Fund balance
- $12.8M
02 — UTILIZATION
Utilization
- Total beds
- 93
- Bed days available
- 34,038
- Total inpatient days
- 20,190
- Medicare inpatient days
- 8,483
- Medicaid inpatient days
- 522
- Total outpatient visits
- —
- Total discharges
- 3,808
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 3,808 | $146.1M | $4.1M | 2.8% |
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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 1 distress signal. 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
4 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Same as the national average
- Safety vs national avg
- Same as the national average
- Readmissions vs national avg
- Same as 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 |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 192 | $15K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 136 | $15K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 115 | $10K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 96 | $10K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 76 | $14K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 67 | $11K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 57 | $13K |
| 689 | KIDNEY AND URINARY TRACT INFECTIONS WITH MCC | 54 | $9K |
| 689 | KIDNEY AND URINARY TRACT INFECTIONS WITH MCC | 50 | $9K |
| 603 | CELLULITIS WITHOUT MCC | 48 | $7K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2019)
| ZIP | Cases | Bed days |
|---|---|---|
| 07840 | 981 | 4235 |
| 07840 | 974 | 4827 |
| 07840 | 921 | 4796 |
| 07840 | 907 | 4491 |
| 07840 | 884 | 4006 |
| 07840 | 864 | 3805 |
| 07828 | 219 | 1257 |
| 07828 | 213 | 1084 |
| 07828 | 188 | 972 |
| 07828 | 171 | 825 |
CROSS-REFERENCE
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