AVANTE AT INVERNESS — financial and operating metrics

CCN 105308, INVERNESS, 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 bedsunverified104104104
Total bed days availableunverified37,96037,96038,064
Total inpatient daysunverified34,28934,88936,406
Total patient revenue (gross charges)unverified$10,707,609$11,402,562$12,287,765
Contractual allowances and discountsunverified$858,259$882,627$789,583
Net patient revenueunverified$9,849,350$10,519,935$11,498,182
Total operating expensesunverified$10,435,408$10,705,421$11,594,658
Net income from service to patientsunverified$-586,058$-185,486$-96,476
Net income (loss) for the periodunverified$-585,775$327,957$-97,576
Operating marginunverified-6.0%-1.8%-0.8%
Occupancy rateunverified90.3%91.9%95.6%
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