CCN 341508, KANNAPOLIS, NC · Medicare cost reports, FY2020–FY2025
Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.
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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total patient revenue (gross charges)unverified | $11,495,646 | $11,944,695 | $13,515,117 | $13,312,424 | $16,739,619 | $17,772,185 |
| Contractual allowances and discountsunverified | $460,652 | $418,892 | $470,157 | $636,370 | $1,010,604 | $1,463,790 |
| Net patient revenueunverified | $11,034,994 | $11,525,803 | $13,044,960 | $12,676,054 | $15,729,015 | $16,308,395 |
| Total revenue, all sourcesunverified | $12,086,260 | $12,180,171 | $13,599,429 | $13,216,762 | $16,137,792 | $16,610,612 |
| Total operating expensesunverified | $14,657,197 | $14,903,076 | $16,169,958 | $15,106,836 | $17,273,691 | $15,563,289 |
| Net income (loss) for the periodunverified | $-2,570,937 | $-2,722,905 | $-2,570,529 | $-1,890,074 | $-1,135,899 | $1,047,323 |
| Total hospice daysunverified | 61,251 | 62,666 | 71,161 | 67,606 | 82,401 | 83,977 |
| Operating marginunverified | -21.3% | -22.4% | -18.9% | -14.3% | -7.0% | 6.3% |