SPRINGS AT THE WATERMARK 3030 PARK — financial and operating metrics

CCN 075440, BRIDGEPORT, 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 bedsunverified616161
Total bed days availableunverified22,26522,26522,326
Total inpatient daysunverified20,03517,46419,850
Total patient revenue (gross charges)unverified$22,714,539$22,337,537$25,543,408
Contractual allowances and discountsunverified$716,589$1,097,251$1,794,202
Net patient revenueunverified$21,997,950$21,240,286$23,749,206
Total operating expensesunverified$27,098,186$27,075,492$26,102,990
Net income from service to patientsunverified$-5,100,236$-5,835,206$-2,353,784
Net income (loss) for the periodunverified$-4,071,155$-5,224,761$-1,946,767
Operating marginunverified-23.2%-27.5%-9.9%
Occupancy rateunverified90.0%78.4%88.9%
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