| MORRISTOWN MEDICAL CENTER | Hospital POS Number | 310015 |
| 100 MADISON AVE | Hospital Control | Nonprofit - Other |
| MORRISTOWN , NJ 07960 | Hospital Type | General Short Term |
| MORRIS | Medicare Utilization | Full Util |
| Hospital Location is Urban | ||
| Total Cost Report Beds 598 | ||
| Cost Report 812929 12/31/2024 for 366 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 5.8 | Patient Occupancy Percent | 89.1% | ||
| Days to Collect in AR | 220.6 Days | Avg Length of Stay (LOS) | 5.4 Days | ||
| Avg AP Payment Days | 25.5 Days | Medicare LOS | 5.9 Days | ||
| Days of Cash in Bank | 45.8 Days | Employee Avg Hourly Wages | $51.28 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $1,887,827,573 | Total Charges | $9,934,185,828 | ||
| Fixed Assets | $633,864,568 | Contract Allowance | $7,904,898,300; | 79.6% | |
| Other Assets | $3,478,309,807 | Operating Revenue | $2,029,287,528 | 20.4% | |
| Total Assets | $6,000,001,948 | Operating Expenses | $1,822,857,982 | 89.8% | |
| Current Liabilities | $327,899,209 | Operating Margin | $206,429,546 | 10.2% | |
| Long Term Liabilities | $1,714,188,087 | Other Income | $61,490,235 | 3.0% | |
| Total Equity | $3,957,914,652 | Other Expense | ($218,171,575) | -10.8% | |
| Total Liabilities and Equity | $6,000,001,948 | Net Profit or Loss | $486,091,356 | 24.0% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $324,512,569 | $1,733,387,686 | 0.1872 |
| 31 | Intensive Care Unit | $46,057,627 | $224,255,085 | 0.2054 |
| 32 | Coronary Care Unit | $17,425,319 | $119,937,123 | 0.1453 |
| 43 | Nursery | $8,450,298 | $27,838,169 | 0.3036 |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $118,075,363 | $615,209,816 | 0.1919 |
| 51 | Recovery Room | $0 | $0 | |
| 52 | Labor and Delivery Room | $25,576,881 | $68,599,607 | 0.3728 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $58,385,719 | 13 | Nursing Administration | $8,776,895 |
| 02,03 | Captial Related - Movable Equipment | $58,120,084 | 14 | Central Services and Supply | $20,154,599 |
| 04 | Employee Benefits | $230,238,718 | 15 | Pharmacy | $35,154,365 |
| 05 | Administrative and General | $232,255,978 | 16 | Medical Records and Medical Library | $9,815,497 |
| 06 | Maintenance and Repairs | $0 | 17 | Social Services | $10,863,259 |
| 07 | Operation of Plant | $37,236,596 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $28,649,629 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $13,915,166 | 20,21,22,23 | Education Programs | $23,169,433 |
| Total General Service Cost Centers | $766,735,938 |