GEER NURSING & REHAB. CENTER — financial and operating metrics

CCN 075202, CANAAN, CT · 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 bedsunverified120120120
Total bed days availableunverified43,80043,80043,920
Total inpatient daysunverified27,55829,02827,493
Total patient revenue (gross charges)unverified$16,151,401$15,950,135$15,124,082
Contractual allowances and discountsunverified$4,130,671$4,441,586$3,438,491
Net patient revenueunverified$12,020,730$11,508,549$11,685,591
Total operating expensesunverified$13,759,894$12,741,920$11,634,488
Net income from service to patientsunverified$-1,739,164$-1,233,371$51,103
Net income (loss) for the periodunverified$-1,314,633$-1,193,400$119,034
Operating marginunverified-14.5%-10.7%0.4%
Occupancy rateunverified62.9%66.3%62.6%
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