A GRACE SUBACUTE AND SKILLED CARE — financial and operating metrics

CCN 056376, SAN JOSE, 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 bedsunverified166166166
Total bed days availableunverified60,59060,59060,756
Total inpatient daysunverified34,18140,34638,138
Total patient revenue (gross charges)unverified$21,882,547$25,148,254$23,043,835
Contractual allowances and discountsunverified$7,107,186$8,472,722$6,494,346
Net patient revenueunverified$14,775,361$16,675,532$16,549,489
Total operating expensesunverified$15,022,405$17,675,369$17,889,836
Net income from service to patientsunverified$-247,044$-999,837$-1,340,347
Net income (loss) for the periodunverified$-168,132$1,956,541$-1,961,106
Operating marginunverified-1.7%-6.0%-8.1%
Occupancy rateunverified56.4%66.6%62.8%
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