MAJESTIC CARE OF MCCORDSVILLE — financial and operating metrics

CCN 155570, MCCORDSVILLE, 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 bedsunverified484848
Total bed days availableunverified17,52017,52017,568
Total inpatient daysunverified11,03612,19411,313
Total patient revenue (gross charges)unverified$5,230,441$5,776,418$5,007,762
Contractual allowances and discountsunverified$138,336$547,062$792,271
Net patient revenueunverified$5,092,105$5,229,356$4,215,491
Total operating expensesunverified$4,446,611$4,942,263$4,109,359
Net income from service to patientsunverified$645,494$287,093$106,132
Net income (loss) for the periodunverified$678,889$294,983$109,302
Operating marginunverified12.7%5.5%2.5%
Occupancy rateunverified63.0%69.6%64.4%
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