COTTAGE GROVE PLACE — financial and operating metrics

CCN 165322, CEDAR RAPIDS, IA · 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 bedsunverified646363
Total bed days availableunverified23,36022,99523,058
Total inpatient daysunverified16,28117,20818,710
Total patient revenue (gross charges)unverified$13,584,669$15,372,530$17,369,182
Contractual allowances and discountsunverified$1,723,050$1,814,498$1,655,834
Net patient revenueunverified$11,861,619$13,558,032$15,713,348
Total operating expensesunverified$17,096,885$18,963,343$20,648,841
Net income from service to patientsunverified$-5,235,266$-5,405,311$-4,935,493
Net income (loss) for the periodunverified$-377,527$-55,653$-1,523,044
Operating marginunverified-44.1%-39.9%-31.4%
Occupancy rateunverified69.7%74.8%81.1%
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