FAIRVIEW AT REDSTONE VILLAGE — financial and operating metrics

CCN 015454, HUNTSVILLE, AL · Medicare cost reports, FY2022–FY2024

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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MetricFY2022FY2023FY2024
Total facility bedsunverified565656
Total bed days availableunverified20,44020,44020,440
Total inpatient daysunverified18,38719,26519,265
Total patient revenue (gross charges)unverified$20,470,036$23,168,342$24,561,404
Contractual allowances and discountsunverified$362,066$389,695$425,606
Net patient revenueunverified$20,107,970$22,778,647$24,135,798
Total operating expensesunverified$25,335,731$25,328,248$27,548,234
Net income from service to patientsunverified$-5,227,761$-2,549,601$-3,412,436
Net income (loss) for the periodunverified$-5,230,175$-1,915,419$-2,874,511
Operating marginunverified-26.0%-11.2%-14.1%
Occupancy rateunverified90.0%94.3%94.3%
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