KINDRED HOSPITAL THE PALM BEACHES — financial and operating metrics

CCN 102025, RIVIERA BEACH, FL · 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 facility beds availableunverified707070575757
Total bed days availableunverified25,62025,55025,55022,39120,86220,805
Total facility dischargesunverified498511543499434438
Total facility inpatient daysunverified17,37517,93618,24417,62215,71715,216
Total patient revenue (gross charges)unverified$143,590,852$154,474,658$157,780,485$183,031,203$199,338,087$203,080,725
Contractual allowances and discountsunverified$114,615,225$124,219,757$124,983,087$156,022,453$165,306,506$170,122,455
Net patient revenueunverified$28,975,627$30,254,901$32,797,398$27,008,750$34,031,581$32,958,270
Total operating expensesunverified$26,406,219$28,947,799$30,158,571$30,286,573$33,053,564$37,139,129
Net income from service to patientsunverified$2,569,408$1,307,102$2,638,827$-3,277,823$978,017$-4,180,859
Net incomeunverified$2,622,468$1,341,386$2,730,262$-2,450,805$1,398,103$-3,009,984
Operating marginunverified8.9%4.3%8.0%-12.1%2.9%-12.7%
Overall cost-to-charge ratiounverified18.4%18.7%19.1%16.5%16.6%18.3%
Occupancy rateunverified67.8%70.2%71.4%78.7%75.3%73.1%
Average length of stayunverified34.935.133.635.336.234.7
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