MEADOW RIDGE — financial and operating metrics

CCN 075429, REDDING, 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 bedsunverified626262
Total bed days availableunverified22,63022,63022,692
Total inpatient daysunverified14,66414,89316,637
Total patient revenue (gross charges)unverified$9,837,786$44,158,678$51,379,820
Contractual allowances and discountsunverified$2,205,476$2,023,476$2,028,187
Net patient revenueunverified$7,632,310$42,135,202$49,351,633
Total operating expensesunverified$30,580,504$44,713,868$49,112,098
Net income from service to patientsunverified$-22,948,194$-2,578,666$239,535
Net income (loss) for the periodunverified$4,913,915$-2,100,801$1,259,794
Operating marginunverified-300.7%-6.1%0.5%
Occupancy rateunverified64.8%65.8%73.3%
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