AVANTE OF MELBOURNE — financial and operating metrics

CCN 105671, MELBOURNE, 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 bedsunverified110110110
Total bed days availableunverified40,15040,15040,260
Total inpatient daysunverified33,73934,71335,246
Total patient revenue (gross charges)unverified$12,747,197$12,374,100$11,950,804
Contractual allowances and discountsunverified$1,543,639$1,191,924$760,615
Net patient revenueunverified$11,203,558$11,182,176$11,190,189
Total operating expensesunverified$10,505,939$11,226,219$10,631,663
Net income from service to patientsunverified$697,619$-44,043$558,526
Net income (loss) for the periodunverified$745,510$606,953$557,516
Operating marginunverified6.2%-0.4%5.0%
Occupancy rateunverified84.0%86.5%87.5%
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