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Long-term care hospital · Berkeley Heights, New Jersey · 44 beds · CMS certification number 312002

Runnells Specialized Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 17, 2008, reopened, stamped by CMS May 29, 2018. Thirteen years on file, every one shown below.

Fiscal 2008 at a glance

Net patient revenue
$19.7M
$19,696,976 · G-3 line 3
Operating expenses
$24.8M
$24,776,251 · G-3 line 4
Result from patient care
−$5.1M
−$5,079,275 · G-3 line 5
Margin on patient care
−25.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $22.8M in its first year on file (1996) to $19.7M in 2008.
  • Its result from patient care: −$12.7M (2006), −$18.3M (2007), −$5.1M (2008).
  • 1 of the 5 long-term care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2008.

Every statement is drawn from figures on this page; nothing is estimated.

Thirteen years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1996
reopened
$22.8M
$35.6M
1997
settled
$24.5M
$35.8M
1998
settled
$24.8M
$37.0M
1999
settled
$25.0M
$34.2M
2000
settled with audit
$27.6M
$35.8M
2001
settled
$26.6M
$37.9M
2002
settled
$34.0M
$41.5M
2003
settled
$33.0M
$42.1M
2004
settled
$40.5M
$46.5M
2005
settled
$40.5M
$50.7M
2006
settled
$39.9M
$52.6M
2007
reopened
$39.6M
$57.9M
2008
reopened
$19.7M
$24.8M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from New Jersey first; each on fiscal year 2008.

HospitalBedsNet patient revenueOperating expensesMargin
Runnells Specialized Hospital44$19,696,976$24,776,251−25.8%
Select Specialty Hospital - Willingboro, Willingboro30$16,460,729$12,900,53721.6%
Methany Medical and Educational Center, Peapack102$27,761,866$33,252,921−19.8%
Specialty Hospital of Central Jersey, Long Branch50$23,638,495$19,967,49815.5%
Select Specialty Hospital- Northeast New Jersey, Rochelle Park62$25,893,635$21,412,24217.3%
The Rehabilitation Hospital at Raritan Bay Medical Center, Perth Amboy26$12,099,851$9,794,40619.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY2008.ZIP, form CMS-2552-96, filed under CMS certification number 312002.

How this page was built: the CMS Medicare cost report, file HOSPFY2008.ZIP, read May 29, 2018.