St. Michaels Medical Center
111 Central Avenue, Newark, NJ 07102 · Essex County
General Acute ★ CMS 4/5 Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$156.0M
Operating margin
-13.9%
Net income
-$15.7M
Staffed beds
110
Annual discharges
5,922
Case mix index
1.73
Ownership & identity
Control, system & affiliation
Ownership / controlFor-profit (corp) Health systemPrime Healthcare Services - St Michaels Hospital typeGeneral Acute Phone(973) 877-5350 CMS star rating4 / 5 Emergency servicesYes
Net patient revenue trend
FY2019–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2019 | $176,556,894 |
| FY2020 | $146,518,956 |
| FY2021 | $166,502,502 |
| FY2022 | $198,593,658 |
| FY2023 | $156,522,840 |
| FY2024 | $155,998,184 |
Payer mix
Share of inpatient days
Medicare14.3%Medicaid9.7%Commercial & other76.0%
How St. Michaels Medical Center compares
#56 of 97 New Jersey hospitals by net patient revenue
Hackensack UMC at Pascack Valley · Westwood $156.4M Virtua Willingboro Hospital · Willingboro $155.0M Monmouth Medical Center Southern Cam · Lakewood $160.0M Bergen New Bridge Medical Center · Paramus $161.1M St. Marys Hospital - Passaic · Passaic $163.4M Hackettstown Medical Center · Hackettstown $146.1M
Full financial detail
Premium · in the Hospitals app
🔒 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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