SIMPSON MEMORIAL HOME — financial and operating metrics

CCN 165418, WEST LIBERTY, IA · Medicare cost reports, FY2023–FY2025

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 bedsunverified555555
Total bed days availableunverified20,07520,13020,075
Total inpatient daysunverified10,79011,13912,295
Total patient revenue (gross charges)unverified$4,738,752$4,937,313$5,651,143
Contractual allowances and discountsunverified$488,374$358,548$450,944
Net patient revenueunverified$4,250,378$4,578,765$5,200,199
Total operating expensesunverified$4,867,305$5,016,129$5,456,953
Net income from service to patientsunverified$-616,927$-437,364$-256,754
Net income (loss) for the periodunverified$-498,877$-158,134$-74,983
Operating marginunverified-14.5%-9.6%-4.9%
Occupancy rateunverified53.7%55.3%61.2%
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