A hospital in Belle Mead, NJ. It ran an operating loss of 23.1% in FY24 on $89.0M of operating revenue. It held 2 days of cash on hand (56th percentile among Psychiatric hospitals on liquidity). Operating margin declined from 9.1% in FY20 to -23.1% in FY24. Including nonoperating items, the all-in result was positive at 0.8%.
Operating margin · FY24
-23.1%
▼ 17.0 pts vs FY23
vs Psychiatric hospitals10th pctl of 437 (FY24)
Days cash on hand · FY24
2d
all sources
▼ 0.4 days vs FY23
vs Psychiatric hospitals56th pctl of 376 (FY24)
Total operating revenue · FY24
$89.0M
▲ 0.1 $M vs FY23
vs Psychiatric hospitals95th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+0.8%
▼ 0.3 pts vs FY23
vs Psychiatric hospitals31st pctl of 434 (FY24)
One point of operating margin at HACKENSACK MERIDIAN HEALTH CARRIER CLINIC is about $890K per year (1% of FY24 total operating revenue).
Where HACKENSACK MERIDIAN HEALTH sits among Psychiatric hospitals
Operating margin · FY24 pool · n = 437 of 610 filed
Each point is one Psychiatric hospital in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The Psychiatric hospital median is +4.8%. Descriptive context only, not a ranking.
One psychiatric hospitalHACKENSACK MERIDIANPsychiatric hospital median
The money
$ thousands · HCRIS cost-report basis · as filed, QA-gated
Ratios tell you how this hospital is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
77,597
88,697
88,743
Other operating revenue
249
224
235
Total operating revenue
77,847
88,920
88,978
Total operating expenses
89,086
94,273
109,502
Operating income
(11,239)
(5,353)
(20,524)
Operating margin %
-14.4%
-6.0%
-23.1%
Other non-operating, net
21,150
6,306
21,349
Net income
9,911
953
825
Net income %
+10.0%
+1.0%
+0.7%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 229-bed hospital at 68% occupancy 2% of patient revenue is outpatient.
The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.
Scale and flow
Occupancy
68.4%
Verified fact2024
HCRIS WS S-3
Average daily census
156.62
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
229
Verified fact2024
HCRIS WS S-3
Annual discharges
3,658
Verified fact2024
HCRIS WS S-3
Average length of stay
15.6d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
1.6%
Verified fact2024
HCRIS WS G-2 L28
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
SOMERSET County, NJ · metro, 1M+ population
Median household income
$136.0K
vs $82.1K US
Poverty rate
5.5%
vs 12.5% US
Uninsured
5.7%
vs 8.6% US
Age 65+
16.6%
vs 16.8% US
Fair or poor health
12.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 3.0% of county personal income is Medicare/Medicaid medical benefits; 8.0% arrives as government transfers (BEA, 2022).
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