THE SAVOY AT FORT LAUDERDALE — financial and operating metrics

CCN 105205, FORT LAUDERDALE, FL · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2022 (121 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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MetricFY2022
121d
FY2023FY2024
Total facility bedsunverified116116116
Total bed days availableunverified14,15242,34042,456
Total inpatient daysunverified11,47936,33038,184
Total patient revenue (gross charges)unverified$3,154,236$19,823,631$21,460,744
Contractual allowances and discountsunverified$-68,877$6,491,436$6,671,474
Net patient revenueunverified$3,223,113$13,332,195$14,789,270
Total operating expensesunverified$3,828,196$13,572,680$14,481,606
Net income from service to patientsunverified$-605,083$-240,485$307,664
Net income (loss) for the periodunverified$-579,884$-240,070$308,534
Operating marginunverified-18.8%-1.8%2.1%
Occupancy rateunverified81.1%85.8%89.9%
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