FRIENDS OF FAITH RETIREMENT HOMES — financial and operating metrics

CCN 165081, WATERLOO, IA · Medicare cost reports, FY2023–FY2025

An input is missing from the filing. This provider reported no contractual allowances and discounts, so any figure below derived from it is computed from what was filed and nothing more. We show the empty row rather than removing it, because a total is easy to misread when the thing it was subtracted from is not on the page.

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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MetricFY2023FY2024FY2025
Total facility bedsunverified378378416
Total bed days availableunverified137,970138,348140,516
Total inpatient daysunverified107,605107,367107,077
Total patient revenue (gross charges)unverified$12,508,985$14,237,985$15,433,331
Contractual allowances and discountsunverified
Net patient revenueunverified$12,508,985$14,237,985$15,433,331
Total operating expensesunverified$22,052,944$22,342,901$22,171,400
Net income from service to patientsunverified$-9,543,959$-8,104,916$-6,738,069
Net income (loss) for the periodunverified$1,898,782$-1,662,925$-2,551,138
Operating marginunverified-76.3%-56.9%-43.7%
Occupancy rateunverified78.0%77.6%76.2%
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