JOSEPH L. MORSE HEALTH CENTER — financial and operating metrics

CCN 105801, WEST PALM BEACH, FL · Medicare cost reports, FY2023–FY2025

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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MetricFY2023FY2024FY2025
Total facility bedsunverified388388388
Total bed days availableunverified141,620142,008141,620
Total inpatient daysunverified116,179131,675124,661
Total patient revenue (gross charges)unverified$53,196,436$57,392,672$55,974,935
Contractual allowances and discountsunverified$20,623,919$20,591,954$20,860,964
Net patient revenueunverified$32,572,517$36,800,718$35,113,971
Total operating expensesunverified$42,809,668$46,013,605$45,729,685
Net income from service to patientsunverified$-10,237,151$-9,212,887$-10,615,714
Net income (loss) for the periodunverified$-1,833,525$-3,250,945$-6,594,248
Operating marginunverified-31.4%-25.0%-30.2%
Occupancy rateunverified82.0%92.7%88.0%
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