Velarion Records

Short-term acute care hospital · Perth Amboy, New Jersey · 292 beds · CMS certification number 310039

Raritan Bay Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, amended, stamped by CMS August 6, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$392.7M
$392,742,505 · G-3 line 3
Operating expenses
$369.0M
$368,994,633 · G-3 line 4
Result from patient care
$23.7M
$23,747,872 · G-3 line 5
Margin on patient care
6.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $131.1M in its first year on file (1996) to $392.7M in 2025.
  • Its result from patient care: $2.5M (2023), −$14K (2024), $23.7M (2025).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 9.1% of its inpatient days and Medicare for 27.6%.
  • HACKENSACK MERIDIAN HEALTH INC 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
$131.1M
$135.7M
1997
reopened
$133.0M
$137.6M
1998
reopened
$114.9M
$137.8M
1999
reopened
$135.1M
$138.1M
2000
reopened
$169.7M
$154.3M
2001
reopened
$202.2M
$195.6M
2002
reopened
$223.9M
$223.9M
2003
reopened
$228.9M
$219.1M
2004
reopened
$235.1M
$237.4M
2005
reopened
$223.8M
$235.3M
2006
reopened
$232.3M
$241.0M
2007
reopened
$228.3M
$246.7M
2008
reopened
$228.6M
$242.2M
2009
reopened
$230.7M
$242.3M
2010
reopened
$230.7M
$237.2M
2011
reopened
$228.0M
$237.7M
2012
reopened
$234.6M
$248.1M
2013
reopened
$240.4M
$249.2M
2014
reopened
$238.6M
$243.5M
2015
reopened
$216.5M
$237.4M
2016
reopened
$237.8M
$239.3M
2017
reopened
$236.4M
$240.4M
2018
settled with audit
$224.2M
$247.2M
2019
reopened
$222.4M
$246.8M
2020
settled
$211.1M
$267.7M
2021
settled
$243.2M
$277.5M
2022
settled
$279.8M
$275.2M
2023
settled
$312.5M
$310.0M
2024
amended
$342.8M
$342.8M
2025
amended
$392.7M
$369.0M

Beside its peers

Short-term acute care hospitals in New Jersey with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Raritan Bay Medical Center292$392,742,505$368,994,6336.0%
Ocean University Medical Center, Brick308$641,750,723$632,360,6321.5%
Holy Name Medical Center, Teaneck304$592,934,111$532,634,24810.2%
Inspira Medical Center Mullica Hill, Mullica Hill290$518,223,522$552,948,883−6.7%
Jersey City Medical Center, Jersey City310$720,561,380$663,295,4188.0%
Virtua Our Lady of Lordues Hospital, Camden281$616,630,500$609,913,6191.1%

Patients and payers

Discharges
12,307
S-3 line 14, col 15
Inpatient days
68,954
S-3 line 14, col 8
Beds in use, on an average day
189.4
days ÷ days in year
Occupancy
64.7%
days ÷ bed days
Medicare share of days
27.6%
S-3 cols 6 ÷ 8
Medicaid share of days
9.1%
S-3 cols 7 ÷ 8

Who owns it

  • HACKENSACK MERIDIAN HEALTH INC100%

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

Other hospitals with the same owner: Hackensack University Medical Center (NJ), Palisades Medical Center (NJ), Riverview Medical Center (NJ), Ocean University Medical Center (NJ), Jersey Shore University Medical Center (NJ), JFK University Medical Center (NJ), Bayshore Medical Center (NJ), Southern Ocean Medical Center (NJ), Hackensack Meridian LTACH (NJ), Hackensack Meridian Health Carrier Clinic (NJ).

Type of control on its cost report: voluntary nonprofit, other.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 310039. 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 August 6, 2026.