THE GARDENS OF CEDAR RAPIDS — financial and operating metrics

CCN 165621, 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 bedsunverified407082
Total bed days availableunverified14,60025,55030,012
Total inpatient daysunverified13,59429,01827,030
Total patient revenue (gross charges)unverified$7,915,580$9,361,909$8,592,248
Contractual allowances and discountsunverified$948,516$1,101,843$307,231
Net patient revenueunverified$6,967,064$8,260,066$8,285,017
Total operating expensesunverified$6,586,106$7,839,083$8,238,550
Net income from service to patientsunverified$380,958$420,983$46,467
Net income (loss) for the periodunverified$843,277$1,231,726$178,746
Operating marginunverified5.5%5.1%0.6%
Occupancy rateunverified93.1%113.6%90.1%
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