Velarion Records

Short-term acute care hospital · Passaic, New Jersey · 122 beds · CMS certification number 310006

St. Mary's General Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS July 14, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$202.9M
$202,852,391 · G-3 line 3
Operating expenses
$193.9M
$193,946,022 · G-3 line 4
Result from patient care
$8.9M
$8,906,369 · G-3 line 5
Margin on patient care
4.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $46.7M in its first year on file (1996) to $202.9M in 2025.
  • Its result from patient care: −$1.7M (2023), −$6.1M (2024), $8.9M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 7.1% of its inpatient days and Medicare for 21.4%.
  • KASP TRUST holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$46.7M
$57.9M
1997
reopened
$46.0M
$56.0M
1998
reopened
$51.4M
$57.0M
1999
reopened
$53.4M
$56.2M
2000
reopened
$52.8M
$59.2M
2001
reopened
$46.8M
$62.6M
2002
reopened
$54.2M
$62.6M
2003
reopened
$58.8M
$64.6M
2004
reopened
$51.5M
$69.4M
2005
reopened
$56.1M
$78.8M
2006
reopened
$58.5M
$95.1M
2007
reopened
$133.3M
$179.2M
2008
reopened
$130.1M
$170.6M
2009
reopened
$137.0M
$169.7M
2010
settled with audit
$173.6M
$171.0M
2011
settled
$145.2M
$171.3M
2012
reopened
$119.8M
$153.9M
2013
reopened
$114.1M
$138.2M
2014
reopened
$44.1M
$55.4M
2015
reopened
$125.9M
$136.4M
2016
reopened
$134.8M
$136.1M
2017
settled
$115.9M
$133.3M
2018
settled with audit
$117.5M
$121.5M
2019
settled
$120.4M
$127.8M
2020
settled with audit
$116.6M
$133.1M
2021
settled
$150.8M
$146.1M
2022
settled
$173.8M
$172.2M
2023
settled
$160.4M
$162.0M
2024
as submitted
$163.4M
$169.6M
2025
as submitted
$202.9M
$193.9M

Beside its peers

Short-term acute care hospitals in New Jersey with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
St. Mary's General Hospital122$202,852,391$193,946,0224.4%
Bayonne University Hospital, Bayonne131$131,241,000$185,249,001−41.1%
Hoboken University Hospital, Hoboken114$121,961,000$171,197,136−40.4%
Newton Medical Center, Newton143$238,132,565$238,719,180−0.3%
Robert Wood Johnson University Hospital at Hamilton, Hamilton140$292,227,400$261,403,17810.5%
Saint Michael's Medical Center, Newark110$182,666,226$190,075,698−4.1%

Patients and payers

Discharges
6,733
S-3 line 14, col 15
Inpatient days
25,151
S-3 line 14, col 8
Beds in use, on an average day
69.1
days ÷ days in year
Occupancy
56.5%
days ÷ bed days
Medicare share of days
21.4%
S-3 cols 6 ÷ 8
Medicaid share of days
7.1%
S-3 cols 7 ÷ 8

Who owns it

  • KASP TRUST100%
  • PRIME HEALTHCARE HOLDINGS INC100%
  • PRIME HEALTHCARE SERVICES, INC100%

Related organizations on its own cost report: PRIME HEALTHCARE, home office.

Other hospitals with the same owner: Riverview Regional Medical Center (AL), St. Francis Medical Center (CA), Paradise Valley Hospital (CA), Garden Grove Hospital and Medical Center (CA), West Anaheim Medical Center (CA), Desert Valley Hospital (CA), La Palma Intercommunity Hospital (CA), Chino Valley Medical Center (CA), Encino Hospital Medical Center (CA), Huntington Beach Hospital (CA), San Dimas Community Hospital (CA).

Type of control on its cost report: proprietary, corporation.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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More short-term acute care hospitals in New Jersey

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 310006. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read July 14, 2026.