SHORE REHABILITATION INSTITUTE — financial and operating metrics

CCN 313033, BRICK, NJ · Medicare cost reports, FY2018–FY2019

Short reporting period. FY2019 (133 days) covers less than a full year, usually because the hospital 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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MetricFY2018FY2019
133d
Total facility beds availableunverified4040
Total bed days availableunverified14,6005,360
Total facility dischargesunverified827343
Total facility inpatient daysunverified10,4904,153
Total patient revenue (gross charges)unverified$32,014,313$14,308,270
Contractual allowances and discountsunverified$13,231,422$8,684,638
Net patient revenueunverified$18,782,891$5,623,632
Total operating expensesunverified$16,973,642$6,646,371
Net income from service to patientsunverified$1,809,249$-1,022,739
Net incomeunverified$1,818,450$-1,022,739
Operating marginunverified9.6%-18.2%
Overall cost-to-charge ratiounverified53.0%46.5%
Occupancy rateunverified71.8%77.5%
Average length of stayunverified12.712.1
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