THE TERRACES OF PHOENIX — financial and operating metrics

CCN 035003, PHOENIX, AZ · 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 bedsunverified498498498
Total bed days availableunverified181,770181,770182,268
Total inpatient daysunverified119,349118,926134,432
Total patient revenue (gross charges)unverified$28,047,993$29,462,093$32,990,641
Contractual allowances and discountsunverified$2,563,850$2,972,162$3,764,064
Net patient revenueunverified$25,484,143$26,489,931$29,226,577
Total operating expensesunverified$27,010,629$29,629,950$31,642,096
Net income from service to patientsunverified$-1,526,486$-3,140,019$-2,415,519
Net income (loss) for the periodunverified$904,521$-2,198,665$-1,321,085
Operating marginunverified-6.0%-11.9%-8.3%
Occupancy rateunverified65.7%65.4%73.8%
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