Financial anchor year: FY24. Margin and revenue are as filed for FY24. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospital in Cedar Grove, NJ. It ran an operating surplus of 2.4% in FY24 on $54.2M of operating revenue. It held 0 days of cash on hand (0th percentile among Psychiatric hospitals on liquidity). Operating margin improved from -41.2% in FY20 to 2.4% in FY24, though it fell 4.5 points in the most recent year.
Operating margin · FY24
+2.4%
▼ 4.5 pts vs FY23
vs Psychiatric hospitals43rd pctl of 437 (FY24)
Days cash on hand · FY24
0d
all sources
▬ 0.0 days vs FY23
vs Psychiatric hospitals0th pctl of 376 (FY24)
Total operating revenue · FY24
$54.2M
▲ 0.6 $M vs FY23
vs Psychiatric hospitals85th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY23
+22.4%
▲ 19.2 pts vs FY22
vs Psychiatric hospitals83rd pctl of 434 (FY24)
One point of operating margin at ESSEX COUNTY HOSPITAL CENTER is about $542K per year (1% of FY24 total operating revenue).
Where ESSEX COUNTY HOSPITAL 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 hospitalESSEX COUNTYPsychiatric 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
Patient revenue
39,363
53,662
Total operating revenue
39,363
53,662
Total operating expenses
49,395
49,977
Operating income
(10,033)
3,685
Operating margin %
-25.5%
+6.9%
Grants & contributions
11,680
10,760
Net income
1,647
14,445
Net income %
+3.2%
+22.4%
2 of 3 years available for this statement.
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income
A condensed balance sheet is not shown for this hospital: the public cost report does not carry substantive balance-sheet detail (assets, liabilities, and net assets that reconcile) for this provider. The income statement and ratio exhibit above are the reliable financial view here. We lead with those rather than render a hollow table.
How it operates
quality & operational context · CMS public reporting
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
87.5%
Verified fact2024
HCRIS WS S-3
Average daily census
157.85
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
180
Verified fact2024
HCRIS WS S-3
Annual discharges
176
Verified fact2024
HCRIS WS S-3
Average length of stay
327.4d
Verified fact2024
HCRIS WS S-3
Total FTEs
318.50
Verified fact2024
HCRIS WS S-3 Pt II
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
ESSEX County, NJ
Median household income
$76.7K
vs $82.1K US
Poverty rate
15.0%
vs 12.5% US
Uninsured
11.6%
vs 8.6% US
Age 65+
14.0%
vs 16.8% US
Fair or poor health
20.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 8.4% of county personal income is Medicare/Medicaid medical benefits; 16.5% arrives as government transfers (BEA, 2022).
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