MAGNOLIA RIDGE HEALTH & REHAB CENTER — financial and operating metrics

CCN 106149, GAINESVILLE, FL · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2022 (288 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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MetricFY2022
288d
FY2023FY2024
Total facility bedsunverified223223223
Total bed days availableunverified64,44781,39581,618
Total inpatient daysunverified18,88644,73261,515
Total patient revenue (gross charges)unverified$10,673,825$24,645,493$33,346,321
Contractual allowances and discountsunverified$1,758,773$4,154,050$6,156,849
Net patient revenueunverified$8,915,052$20,491,443$27,189,472
Total operating expensesunverified$8,246,196$18,846,166$26,213,099
Net income from service to patientsunverified$668,856$1,645,277$976,373
Net income (loss) for the periodunverified$669,988$1,647,417$980,766
Operating marginunverified7.5%8.0%3.6%
Occupancy rateunverified29.3%55.0%75.4%
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