SOUTHFIELD WELLNESS COMMUNITY — financial and operating metrics

CCN 165411, WEBSTER CITY, IA · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2024 (138 days) covers less than a full year, usually because the facility changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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
138d
Total facility bedsunverified888865
Total bed days availableunverified32,12032,1209,035
Total inpatient daysunverified19,63119,9857,282
Total patient revenue (gross charges)unverified$4,777,075$5,791,449$2,160,961
Contractual allowances and discountsunverified$-154,009
Net patient revenueunverified$4,777,075$5,791,449$2,314,970
Total operating expensesunverified$6,169,745$6,593,647$2,469,301
Net income from service to patientsunverified$-1,392,670$-802,198$-154,331
Net income (loss) for the periodunverified$-1,392,270$-703,245$224,754
Operating marginunverified-29.2%-13.9%-6.7%
Occupancy rateunverified61.1%62.2%80.6%
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