COVENANT HOME — financial and operating metrics

CCN 195614, NEW ORLEANS, LA · 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 bedsunverified969696
Total bed days availableunverified35,04035,04035,136
Total inpatient daysunverified23,32223,71523,547
Total patient revenue (gross charges)unverified$5,353,001$5,682,495$6,262,068
Contractual allowances and discountsunverified$58,523$74,035$48,876
Net patient revenueunverified$5,294,478$5,608,460$6,213,192
Total operating expensesunverified$5,276,492$5,437,551$5,800,203
Net income from service to patientsunverified$17,986$170,909$412,989
Net income (loss) for the periodunverified$-33,445$342,267$514,769
Operating marginunverified0.3%3.0%6.6%
Occupancy rateunverified66.6%67.7%67.0%
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