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Short-term acute care hospital · Manahawkin, New Jersey · 156 beds · CMS certification number 310113

Southern Ocean Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 22, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$308.0M
$308,018,972 · G-3 line 3
Operating expenses
$278.3M
$278,273,490 · G-3 line 4
Result from patient care
$29.7M
$29,745,482 · G-3 line 5
Margin on patient care
9.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $42.8M in its first year on file (1996) to $308.0M in 2025.
  • Its result from patient care: $23.7M (2023), $37.1M (2024), $29.7M (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 2.3% of its inpatient days and Medicare for 45.2%.
  • 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
$42.8M
$42.1M
1997
reopened
$46.5M
$46.1M
1998
reopened
$49.5M
$49.7M
1999
reopened
$55.7M
$56.1M
2000
settled
$59.8M
$60.7M
2001
settled
$63.8M
$63.9M
2002
settled
$72.4M
$73.0M
2003
settled with audit
$83.0M
$83.1M
2004
reopened
$97.4M
$97.7M
2005
settled
$108.7M
$109.2M
2006
reopened
$121.6M
$122.4M
2007
reopened
$121.7M
$125.8M
2008
reopened
$122.2M
$126.9M
2009
reopened
$120.2M
$123.4M
2010
reopened
$120.3M
$126.2M
2011
reopened
$133.5M
$127.9M
2012
reopened
$123.0M
$132.0M
2013
reopened
$134.1M
$131.3M
2014
reopened
$142.8M
$138.5M
2015
settled
$161.8M
$150.6M
2016
reopened
$181.4M
$165.2M
2017
reopened
$185.2M
$183.7M
2018
settled
$183.8M
$189.0M
2019
settled with audit
$197.9M
$197.7M
2020
settled
$192.4M
$197.9M
2021
settled
$229.8M
$210.8M
2022
settled
$233.0M
$208.5M
2023
settled
$250.6M
$227.0M
2024
amended
$276.2M
$239.2M
2025
as submitted
$308.0M
$278.3M

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
Southern Ocean Medical Center156$308,018,972$278,273,4909.7%
Cooper University Health Care, Cape May Court House149$147,105,334$158,840,931−8.0%
Heights University Hospital, Jersey City163$67,927,000$149,578,560−120.2%
Carewell Health Medical Center, East Orange157$132,654,701$155,057,204−16.9%
Palisades Medical Center, North Bergen173$227,220,679$229,674,425−1.1%
Virtua Willingboro Hospital, Willingboro149$178,017,572$152,029,87414.6%

Patients and payers

Discharges
8,480
S-3 line 14, col 15
Inpatient days
37,542
S-3 line 14, col 8
Beds in use, on an average day
103.1
days ÷ days in year
Occupancy
65.9%
days ÷ bed days
Medicare share of days
45.2%
S-3 cols 6 ÷ 8
Medicaid share of days
2.3%
S-3 cols 7 ÷ 8

Who owns it

  • HACKENSACK MERIDIAN HEALTH INC100%

Related organizations on its own cost report: ROBERT GARRETT (100%), 6.

Other hospitals with the same owner: Hackensack University Medical Center (NJ), Palisades Medical Center (NJ), Riverview Medical Center (NJ), Raritan Bay Medical Center (NJ), Ocean University Medical Center (NJ), Jersey Shore University Medical Center (NJ), JFK University Medical Center (NJ), Bayshore 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 310113. 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 May 22, 2026.