▸ Cost Report · CCN 310131 · FY 2023
HACKENSACK MERIDIAN LTACH
PERTH AMBOY, NJ 08861 · Fiscal year ending 2023-12-31
$3.5M
TOTAL REVENUES
−$5.1M
NET INCOME
-148.7%
OPERATING MARGIN
65
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $3.5M
- Total costs
- $8.6M
- Net income
- −$5.1M
- Operating margin
- -148.7%
- Total charges
- $39.1M
- Medicare charges
- $25.2M
- Medicaid charges
- —
- Charity care charges
- —
- Uncompensated care
- —
- Bad debt
- —
- Total assets
- $15.8M
- Total liabilities
- $8.6M
- Fund balance
- $7.2M
02 — UTILIZATION
Utilization
- Total beds
- 30
- Bed days available
- 12,150
- Total inpatient days
- 2,578
- Medicare inpatient days
- 1,836
- Medicaid inpatient days
- —
- Total outpatient visits
- —
- Total discharges
- 65
- Total FTEs
- 44
- Inpatient residents
- —
- Outpatient residents
- —
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
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 |
|---|---|---|---|
| 207 | RESPIRATORY SYSTEM DIAGNOSIS WITH VENTILATOR SUPPORT >96 HOU… | 14 | $76K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 11 | $34K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2023)
| ZIP | Cases | Bed days |
|---|---|---|
| 07036 | — | — |
| 07060 | — | — |
| 07062 | — | — |
| 07065 | — | — |
| 07077 | — | — |
| 07095 | — | — |
| 07601 | — | — |
| 07701 | — | — |
| 07712 | — | — |
| 07008 | — | — |
06 — COMMUNITY BENEFIT (IRS 990 SCHEDULE H)
Schedule H community benefit · Hackensack Meridian Health Inc-Subordinates
FY2024 · matched by name + state · sourced via ProPublica Nonprofit Explorer
- Total revenue (990)
- —
- Total expenses (990)
- —
- Charity care cost
- $207.0M
- Unreimbursed Medicaid
- $229.5M
- Community health improvement spend
- $11.5M
CROSS-REFERENCE
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