CARDINAL NURSING & REHABILITATION — financial and operating metrics

CCN 155115, SOUTH BEND, IN · 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 bedsunverified144144144
Total bed days availableunverified52,56052,56052,704
Total inpatient daysunverified26,31924,90822,869
Total patient revenue (gross charges)unverified$7,960,358$7,723,993$9,064,164
Contractual allowances and discountsunverified$274,361$25,810$464,353
Net patient revenueunverified$7,685,997$7,698,183$8,599,811
Total operating expensesunverified$9,874,658$9,461,755$9,324,406
Net income from service to patientsunverified$-2,188,661$-1,763,572$-724,595
Net income (loss) for the periodunverified$-2,162,423$129,963$-651,339
Operating marginunverified-28.5%-22.9%-8.4%
Occupancy rateunverified50.1%47.4%43.4%
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