ASPIRE AT SARASOTA — financial and operating metrics

CCN 106032, SARASOTA, FL · Medicare cost reports, FY2023–FY2024

Short reporting period. FY2023 (121 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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MetricFY2023
121d
FY2024
Total facility bedsunverified120120
Total bed days availableunverified14,64043,920
Total inpatient daysunverified12,50839,558
Total patient revenue (gross charges)unverified$5,550,683$17,870,196
Contractual allowances and discountsunverified$1,938,696$5,960,109
Net patient revenueunverified$3,611,987$11,910,087
Total operating expensesunverified$4,109,644$13,024,599
Net income from service to patientsunverified$-497,657$-1,114,512
Net income (loss) for the periodunverified$-497,656$-1,111,820
Operating marginunverified-13.8%-9.4%
Occupancy rateunverified85.4%90.1%
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