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Short-term acute care hospital · Binghamton, New York · 175 beds · CMS certification number 330011

Our Lady of Lourdes Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS September 15, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$502.2M
$502,208,936 · G-3 line 3
Operating expenses
$579.0M
$579,026,804 · G-3 line 4
Result from patient care
−$76.8M
−$76,817,868 · G-3 line 5
Margin on patient care
−15.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $91.6M in its first year on file (1996) to $502.2M in 2025.
  • Its result from patient care: −$102.7M (2023), −$89.6M (2024), −$76.8M (2025).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 2.4% of its inpatient days and Medicare for 23.4%.

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
$91.6M
$91.3M
1997
reopened
$95.5M
$101.1M
1998
reopened
$103.5M
$108.7M
1999
reopened
$105.2M
$116.9M
2000
settled with audit
$108.3M
$121.0M
2001
settled with audit
$119.6M
$128.9M
2002
reopened
$130.1M
$136.0M
2003
reopened
$148.5M
$149.3M
2004
reopened
$161.9M
$160.6M
2005
settled with audit
$168.3M
$171.0M
2006
reopened
$178.4M
$185.1M
2007
reopened
$198.1M
$198.9M
2008
settled with audit
$217.7M
$218.8M
2009
reopened
$238.8M
$233.6M
2010
reopened
$245.0M
$247.5M
2011
reopened
$253.7M
$255.6M
2012
reopened
$272.9M
$267.0M
2013
reopened
$267.7M
$267.8M
2014
settled
$286.8M
$279.6M
2015
reopened
$149.4M
$143.1M
2016
reopened
$291.7M
$307.5M
2017
reopened
$304.5M
$330.7M
2018
settled with audit
$312.3M
$368.3M
2019
settled with audit
$329.9M
$387.3M
2020
settled with audit
$323.8M
$420.5M
2021
settled
$364.3M
$436.4M
2022
amended
$384.4M
$479.0M
2023
amended
$411.8M
$514.5M
2024
as submitted
$445.7M
$535.3M
2025
amended
$502.2M
$579.0M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Our Lady of Lourdes Memorial Hospital175$502,208,936$579,026,804−15.3%
Arnot Ogden Medical Center, Elmira191$338,744,956$560,994,873−65.6%
Columbia Memorial Hospital, Hudson192$161,104,275$185,379,919−15.1%
Basset Medical Center, Cooperstown180$705,086,034$834,221,106−18.3%
Mercy Hospital, Rockville Centre166$317,126,456$386,140,126−21.8%
Saratoga Hospital, Saratoga Springs171$472,105,000$517,646,076−9.7%

Patients and payers

Discharges
8,098
S-3 line 14, col 15
Inpatient days
36,855
S-3 line 14, col 8
Beds in use, on an average day
101.3
days ÷ days in year
Occupancy
57.7%
days ÷ bed days
Medicare share of days
23.4%
S-3 cols 6 ÷ 8
Medicaid share of days
2.4%
S-3 cols 7 ÷ 8

Who owns it

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

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Our Lady of Lourdes Memorial Hospital Inc (employer identification number 150532221) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$68,900,691IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$3,980,574IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$34,718,786IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$38,699,360IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$30,201,331IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1321IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202411319349305601. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 330011. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 15, 2026.