SENIOR PHILANTHROPY OF NEWINGTON LLC — financial and operating metrics

CCN 075286, NEWINGTON, CT · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2024 (91 days) covers less than a full year, usually because the facility changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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
91d
Total facility bedsunverified180180180
Total bed days availableunverified65,70065,70016,560
Total inpatient daysunverified43,33746,18714,372
Total patient revenue (gross charges)unverified$20,137,939$15,886,237$5,415,161
Contractual allowances and discountsunverified$4,908,358$337,595$834,096
Net patient revenueunverified$15,229,581$15,548,642$5,415,161
Total operating expensesunverified$17,466,114$16,714,900$4,993,552
Net income from service to patientsunverified$-2,236,533$-1,166,258$421,609
Net income (loss) for the periodunverified$-2,234,726$-1,097,346$421,909
Operating marginunverified-14.7%-7.5%7.8%
Occupancy rateunverified66.0%70.3%86.8%
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