INDIAN RIVER CENTER — financial and operating metrics

CCN 105673, WEST MELBOURNE, FL · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2023 (91 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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MetricFY2022FY2023
91d
FY2024
Total facility bedsunverified179179179
Total bed days availableunverified65,33516,46865,514
Total inpatient daysunverified53,49714,66961,511
Total patient revenue (gross charges)unverified$18,355,262$4,490,895$19,708,746
Contractual allowances and discountsunverified$1,525,194
Net patient revenueunverified$16,830,068$4,490,895$19,708,746
Total operating expensesunverified$18,103,985$4,452,217$17,820,638
Net income from service to patientsunverified$-1,273,917$38,678$1,888,108
Net income (loss) for the periodunverified$713,962$38,962$1,909,572
Operating marginunverified-7.6%0.9%9.6%
Occupancy rateunverified81.9%89.1%93.9%
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