LAKE WALES WELLNESS AND REHAB CTR — financial and operating metrics

CCN 106069, LAKE WALES, 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 bedsunverified100100100
Total bed days availableunverified36,50036,50036,600
Total inpatient daysunverified27,43825,33627,677
Total patient revenue (gross charges)unverified$8,676,707$8,770,361$10,250,193
Contractual allowances and discountsunverified$720,120$914,137$1,916,238
Net patient revenueunverified$7,956,587$7,856,224$8,333,955
Total operating expensesunverified$9,009,399$9,211,109$9,162,782
Net income from service to patientsunverified$-1,052,812$-1,354,885$-828,827
Net income (loss) for the periodunverified$-1,036,756$-1,300,015$-801,786
Operating marginunverified-13.2%-17.2%-9.9%
Occupancy rateunverified75.2%69.4%75.6%
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