INTREPID OF VIRGINIA INC. — financial and operating metrics

CCN 491610, VIRGINIA BEACH, VA · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2019 (214 days), FY2024 (241 days) covers less than a full year, usually because the hospice changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2019
214d
FY2020FY2021FY2022FY2023FY2024
241d
Total patient revenue (gross charges)unverified$2,818,107$5,254,981$4,339,797$3,111,722$1,022,461$544,008
Contractual allowances and discountsunverified$96,388$32,301$73,475$14,878$9,263
Net patient revenueunverified$2,721,719$5,222,680$4,266,322$3,111,722$1,007,583$534,745
Total revenue, all sourcesunverified$2,730,296$5,532,740$4,282,772$3,111,722$1,009,072$534,745
Total operating expensesunverified$2,504,017$4,873,800$4,247,287$3,090,593$1,110,084$716,602
Net income (loss) for the periodunverified$226,279$658,940$35,485$21,129$-101,012$-181,857
Total hospice daysunverified20,33534,32727,03218,56610,4363,420
Operating marginunverified8.3%11.9%0.8%0.7%-10.0%-34.0%
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