▸ Cost Report · CCN 330126 · FY 2024
GARNET HEALTH MEDICAL CENTER
MIDDLETOWN, NY 10940 · Fiscal year ending 2024-12-31
$629.5M
TOTAL REVENUES
−$15.4M
NET INCOME
-2.4%
OPERATING MARGIN
19,369
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $629.5M
- Total costs
- $671.2M
- Net income
- −$15.4M
- Operating margin
- -2.4%
- Total charges
- $1.33B
- Medicare charges
- $579.8M
- Medicaid charges
- —
- Charity care charges
- $42.5M
- Uncompensated care
- $32.5M
- Bad debt
- —
- Total assets
- $511.6M
- Total liabilities
- $447.6M
- Fund balance
- $64.0M
02 — UTILIZATION
Utilization
- Total beds
- 329
- Bed days available
- 120,414
- Total inpatient days
- 103,916
- Medicare inpatient days
- 39,662
- Medicaid inpatient days
- 5,406
- Total outpatient visits
- —
- Total discharges
- 19,369
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 19,369 | $629.5M | −$15.4M | -2.4% |
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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 — NY Acute Care Hospitals
128 hospitals filing FY2024
- Median operating margin
- 2.4%
- 25th percentile margin
- -4.8%
- 75th percentile margin
- 7.1%
- Median discharges
- 9,267
- Median net income
- $4.8M
- Median bed count
- 202
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 (PY2021)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 586 | $21K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 477 | $20K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 362 | $13K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 349 | $14K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 238 | $14K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 223 | $15K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 221 | $19K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 213 | $17K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 192 | $13K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 175 | $14K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2019)
| ZIP | Cases | Bed days |
|---|---|---|
| 10940 | 2,467 | 14074 |
| 10940 | 2,330 | 13970 |
| 10940 | 2,097 | 13562 |
| 10940 | 2,074 | 13986 |
| 10940 | 2,046 | 12341 |
| 10940 | 1,995 | 11742 |
| 10924 | 698 | 4160 |
| 10941 | 682 | 4022 |
| 10941 | 677 | 4124 |
| 10924 | 660 | 3917 |
08 — 340B DRUG PRICING
340B Covered Entity
HRSA Office of Pharmacy Affairs — this hospital participates in the 340B Drug Pricing Program
- Entity type
- RRC
- Covered entity ID
- RRC330126-00
- Entity name
- GARNET HEALTH MEDICAL CENTER
- Match method
- NPI match
340B hospitals purchase outpatient drugs at discounted prices from manufacturers. Entity types: DSH = Disproportionate Share Hospital, CAH = Critical Access, FQHC = Federally Qualified Health Center, PED = Pediatric, SCH = Sole Community Hospital.
CROSS-REFERENCE
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Price transparency data
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