CAROLINAS REHABILITATION — financial and operating metrics

CCN 343026, CHARLOTTE, NC · 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 availableunverified150150150150150150
Total bed days availableunverified54,90054,75054,75054,75054,90054,750
Total facility dischargesunverified2,5612,7722,7543,1743,0193,764
Total facility inpatient daysunverified40,61840,32142,42244,34044,41945,979
Total patient revenue (gross charges)unverified$267,222,453$287,988,984$302,723,146$347,041,970$381,764,032$399,676,421
Contractual allowances and discountsunverified$176,383,489$187,995,080$199,441,707$233,295,221$258,922,119$270,384,421
Net patient revenueunverified$90,838,964$99,993,904$103,281,439$113,746,749$122,841,913$129,292,000
Total operating expensesunverified$92,780,566$103,580,833$111,542,997$128,299,154$137,291,393$131,887,747
Net income from service to patientsunverified$-1,941,602$-3,586,929$-8,261,558$-14,552,405$-14,449,480$-2,595,747
Net incomeunverified$2,111,548$18,657,500$-3,514,621$-10,228,663$-10,357,034$2,081,768
Operating marginunverified-2.1%-3.6%-8.0%-12.8%-11.8%-2.0%
Overall cost-to-charge ratiounverified34.7%36.0%36.8%37.0%36.0%33.0%
Occupancy rateunverified74.0%73.6%77.5%81.0%80.9%84.0%
Average length of stayunverified15.914.515.414.014.712.2
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