THE GLENRIDGE ON PALMER RANCH INC. — financial and operating metrics

CCN 106063, 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 bedsunverified616161
Total bed days availableunverified22,26522,26522,326
Total inpatient daysunverified16,62415,83014,952
Total patient revenue (gross charges)unverified$9,728,314$9,700,592$9,612,974
Contractual allowances and discountsunverified$6,282,183$6,543,148$6,557,259
Net patient revenueunverified$3,446,131$3,157,444$3,055,715
Total operating expensesunverified$32,356,435$47,477,539$50,140,265
Net income from service to patientsunverified$-28,910,304$-44,320,095$-47,084,550
Net income (loss) for the periodunverified$7,688,880$-1,694,658$4,926,310
Operating marginunverified-838.9%-1403.7%-1540.9%
Occupancy rateunverified74.7%71.1%67.0%
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