SOUTHERNCARE INC. — financial and operating metrics

CCN 491622, NEWPORT NEWS, VA · 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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total patient revenue (gross charges)unverified$858,789$1,118,814$1,319,116$2,278,782$2,548,432$2,260,738
Contractual allowances and discountsunverified$73,453$6,501$16,235$17,005$32,536$17,028
Net patient revenueunverified$785,336$1,112,313$1,302,881$2,261,777$2,515,896$2,243,710
Total revenue, all sourcesunverified$785,344$1,164,066$1,386,302$2,267,895$2,520,710$2,254,235
Total operating expensesunverified$910,989$887,577$1,257,253$1,472,655$1,656,809$1,553,755
Net income (loss) for the periodunverified$-125,645$276,489$129,049$795,240$863,901$700,480
Total hospice daysunverified7,6417,0647,97513,50415,65612,901
Operating marginunverified-16.0%23.8%9.3%35.1%34.3%31.1%
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See pricing · How we derive these numbers