MCCORMICKS CREEK REHAB & HEALTHCARE — financial and operating metrics

CCN 155649, SPENCER, 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 bedsunverified878787
Total bed days availableunverified31,75531,75531,842
Total inpatient daysunverified26,56226,59027,353
Total patient revenue (gross charges)unverified$13,687,639$13,008,575$13,403,359
Contractual allowances and discountsunverified$2,277,504$1,727,665$2,915,388
Net patient revenueunverified$11,410,135$11,280,910$10,487,971
Total operating expensesunverified$9,071,429$9,527,583$8,817,425
Net income from service to patientsunverified$2,338,706$1,753,327$1,670,546
Net income (loss) for the periodunverified$2,973,411$1,816,664$1,920,941
Operating marginunverified20.5%15.5%15.9%
Occupancy rateunverified83.6%83.7%85.9%
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