LAKE MERRITT HEALTHCARE CENTER — financial and operating metrics

CCN 056350, OAKLAND, 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 bedsunverified535353
Total bed days availableunverified19,34519,34519,398
Total inpatient daysunverified16,85217,66817,647
Total patient revenue (gross charges)unverified$6,163,932$6,473,514$6,763,652
Contractual allowances and discountsunverified$-2,376,914$-1,149,221$-2,059,455
Net patient revenueunverified$8,540,846$7,622,735$8,823,107
Total operating expensesunverified$8,084,606$8,828,306$8,654,863
Net income from service to patientsunverified$456,240$-1,205,571$168,244
Net income (loss) for the periodunverified$540,752$-1,099,295$263,062
Operating marginunverified5.3%-15.8%1.9%
Occupancy rateunverified87.1%91.3%91.0%
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