MAGNOLIA RIDGE CENTER — financial and operating metrics

CCN 015133, GARDENDALE, AL · Medicare cost reports, FY2023–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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MetricFY2023FY2024FY2025
Total facility bedsunverified148148148
Total bed days availableunverified54,02054,16854,020
Total inpatient daysunverified44,88750,07947,503
Total patient revenue (gross charges)unverified$15,415,507$18,180,566$18,096,954
Contractual allowances and discountsunverified$1,486,636$2,141,080$3,973,147
Net patient revenueunverified$13,928,871$16,039,486$14,123,807
Total operating expensesunverified$15,742,298$15,808,758$16,005,384
Net income from service to patientsunverified$-1,813,427$230,728$-1,881,577
Net income (loss) for the periodunverified$-1,446,331$617,897$-1,749,625
Operating marginunverified-13.0%1.4%-13.3%
Occupancy rateunverified83.1%92.5%87.9%
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