WELLSPRINGS OF PHOENIX — financial and operating metrics

CCN 035293, PHOENIX, AZ · Medicare cost reports, FY2022–FY2023

Short reporting period. FY2023 (149 days) covers less than a full year, usually because the facility 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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MetricFY2022FY2023
149d
Total facility bedsunverified4646
Total bed days availableunverified16,7906,945
Total inpatient daysunverified10,4543,719
Total patient revenue (gross charges)unverified$8,294,488$2,805,375
Contractual allowances and discountsunverified$3,392,985$1,124,206
Net patient revenueunverified$4,901,503$1,681,169
Total operating expensesunverified$7,845,773$2,908,109
Net income from service to patientsunverified$-2,944,270$-1,226,940
Net income (loss) for the periodunverified$-2,490,528$-762,232
Operating marginunverified-60.1%-73.0%
Occupancy rateunverified62.3%53.5%
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