TOWER HEALTH AND PALLIATIVE CARE — financial and operating metrics

CCN 751528, ARTESIA, CA · Medicare cost reports, FY2015–FY2019

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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MetricFY2015FY2016FY2017FY2018FY2019
Total patient revenue (gross charges)unverified$470,851$776,293$341,228$1,650,732$3,474,015
Contractual allowances and discountsunverified$2,073$30,363$14,781
Net patient revenueunverified$470,851$776,293$339,155$1,620,369$3,459,234
Total revenue, all sourcesunverified$470,851$776,293$339,155$1,620,369$3,459,234
Total operating expensesunverified$518,255$744,002$395,624$1,602,425$3,310,554
Net income (loss) for the periodunverified$-47,404$32,291$-56,469$17,944$148,680
Total hospice daysunverified2,3524,1331,28910,75720,147
Operating marginunverified-10.1%4.2%-16.6%1.1%4.3%
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