THE SPRINGS AT LAKE POINTE WOODS — financial and operating metrics

CCN 105567, SARASOTA, 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 bedsunverified119119119
Total bed days availableunverified43,43543,43543,554
Total inpatient daysunverified34,67636,38937,036
Total patient revenue (gross charges)unverified$15,426,580$17,578,397$18,149,843
Contractual allowances and discountsunverified$2,535,718$3,052,812$2,094,065
Net patient revenueunverified$12,890,862$14,525,585$16,055,778
Total operating expensesunverified$11,710,015$12,624,824$13,772,051
Net income from service to patientsunverified$1,180,847$1,900,761$2,283,727
Net income (loss) for the periodunverified$1,826,237$1,967,889$2,393,149
Operating marginunverified9.2%13.1%14.2%
Occupancy rateunverified79.8%83.8%85.0%
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