PELICAN RIDGE POST ACUTE — financial and operating metrics

CCN 055121, NEWPORT BEACH, CA · 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 bedsunverified167167167
Total bed days availableunverified60,95560,95561,122
Total inpatient daysunverified41,31145,29247,022
Total patient revenue (gross charges)unverified$23,850,768$32,588,360$38,604,146
Contractual allowances and discountsunverified$6,695,506$11,861,108$13,661,931
Net patient revenueunverified$17,155,262$20,727,252$24,942,215
Total operating expensesunverified$18,262,252$20,011,591$20,734,287
Net income from service to patientsunverified$-1,106,990$715,661$4,207,928
Net income (loss) for the periodunverified$-894,325$1,104,899$4,502,048
Operating marginunverified-6.5%3.5%16.9%
Occupancy rateunverified67.8%74.3%76.9%
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