TRADITIONS MEMORY CARE OF NEWTON — financial and operating metrics

CCN 165420, NEWTON, 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 bedsunverified535353
Total bed days availableunverified19,34519,34519,398
Total inpatient daysunverified12,86213,98516,490
Total patient revenue (gross charges)unverified$3,854,293$4,479,748$6,071,071
Contractual allowances and discountsunverified$1,053,170$806,814$1,550,112
Net patient revenueunverified$2,801,123$3,672,934$4,520,959
Total operating expensesunverified$3,304,134$3,591,374$4,007,283
Net income from service to patientsunverified$-503,011$81,560$513,676
Net income (loss) for the periodunverified$-351,492$109,175$534,847
Operating marginunverified-18.0%2.2%11.4%
Occupancy rateunverified66.5%72.3%85.0%
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