Morristown Medical Center

100 Madison Ave, Morristown, NJ 07960-6136 · Morris County
General Acute ★ CMS 5/5 Emergency services

At a glance

Latest cost report FY2024
Net patient revenue
$2.03B
Operating margin
10.2%
Net income
$486.1M
Staffed beds
713
Annual discharges
43,101
Case mix index
2.18

Ownership & identity

Control, system & affiliation
Ownership / controlNonprofit (other) Health systemAhs Hospital Hospital typeGeneral Acute Phone(973) 971-5450 CMS star rating5 / 5 Emergency servicesYes

Net patient revenue trend

FY2019–FY2024
FY19FY20FY22FY23FY24
Fiscal yearNet patient revenue
FY2019$1,421,681,377
FY2020$1,308,812,693
FY2022$1,699,148,780
FY2023$1,843,219,057
FY2024$2,029,287,528

Payer mix

Share of inpatient days
Medicare32.7%Medicaid2.3%Commercial & other65.0%

How Morristown Medical Center compares

#2 of 97 New Jersey hospitals by net patient revenue

Full financial detail

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🔒 5-year income statement & balance sheet
Line-by-line revenue, expenses, assets, liabilities and net assets for FY2020–FY2024, plus top Medicare DRGs, cost structure, EBITDAR, and Medicare reimbursement (IME, DSH, charity & uncompensated care).
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