ST LUKE LUTHERAN HOME — financial and operating metrics

CCN 165484, SPENCER, 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 bedsunverified898979
Total bed days availableunverified32,48532,48528,914
Total inpatient daysunverified22,10422,59526,086
Total patient revenue (gross charges)unverified$6,434,231$7,408,376$8,713,677
Contractual allowances and discountsunverified$346,751$482,125$417,657
Net patient revenueunverified$6,087,480$6,926,251$8,296,020
Total operating expensesunverified$6,572,641$7,498,475$8,442,970
Net income from service to patientsunverified$-485,161$-572,224$-146,950
Net income (loss) for the periodunverified$-321,125$-627,348$-208,760
Operating marginunverified-8.0%-8.3%-1.8%
Occupancy rateunverified68.0%69.6%90.2%
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