GROVES CENTER — financial and operating metrics

CCN 105269, LAKE WALES, FL · 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 daysunverified38,49739,14140,565
Total patient revenue (gross charges)unverified$13,297,720$13,664,235$14,697,788
Contractual allowances and discountsunverified$1,746,626$1,478,521$1,421,553
Net patient revenueunverified$11,551,094$12,185,714$13,276,235
Total operating expensesunverified$12,801,421$12,574,558$13,241,562
Net income from service to patientsunverified$-1,250,327$-388,844$34,673
Net income (loss) for the periodunverified$-1,145,542$-380,397$42,367
Operating marginunverified-10.8%-3.2%0.3%
Occupancy rateunverified87.9%89.4%92.4%
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