PARAMOUNT CONVALESCENT HOSPITAL — financial and operating metrics

CCN 056446, PARAMOUNT, 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 bedsunverified595959
Total bed days availableunverified21,53521,53521,594
Total inpatient daysunverified19,79318,97819,511
Total patient revenue (gross charges)unverified$12,839,438$16,776,536$19,178,263
Contractual allowances and discountsunverified$2,744,908$6,830,230$7,947,949
Net patient revenueunverified$10,094,530$9,946,306$11,230,314
Total operating expensesunverified$9,277,675$9,978,547$10,717,269
Net income from service to patientsunverified$816,855$-32,241$513,045
Net income (loss) for the periodunverified$1,078,177$1,109,954$1,627,583
Operating marginunverified8.1%-0.3%4.6%
Occupancy rateunverified91.9%88.1%90.4%
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