LAUREL HEIGHTS HOME FOR THE ELDERLY — financial and operating metrics

CCN 185003, LONDON, KY · 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 bedsunverified162162162
Total bed days availableunverified59,13059,13059,292
Total inpatient daysunverified52,33855,64956,535
Total patient revenue (gross charges)unverified$14,646,198$16,085,465$16,686,965
Contractual allowances and discountsunverified$-2,187,885$-2,462,700$-4,374,568
Net patient revenueunverified$16,834,083$18,548,165$21,061,533
Total operating expensesunverified$17,213,274$19,197,769$19,193,941
Net income from service to patientsunverified$-379,191$-649,604$1,867,592
Net income (loss) for the periodunverified$-295,201$3,279,670$2,023,574
Operating marginunverified-2.3%-3.5%8.9%
Occupancy rateunverified88.5%94.1%95.4%
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