THE GARDENS — financial and operating metrics

CCN 065198, COLORADO SPRINGS, CO · 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 bedsunverified454545
Total bed days availableunverified16,42516,42516,470
Total inpatient daysunverified14,70115,04215,402
Total patient revenue (gross charges)unverified$5,179,310$5,989,833$7,004,881
Contractual allowances and discountsunverified$849,024$925,553$721,658
Net patient revenueunverified$4,330,286$5,064,280$6,283,223
Total operating expensesunverified$4,609,639$4,467,485$5,265,490
Net income from service to patientsunverified$-279,353$596,795$1,017,733
Net income (loss) for the periodunverified$280,776$595,853$1,029,091
Operating marginunverified-6.5%11.8%16.2%
Occupancy rateunverified89.5%91.6%93.5%
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