FALMOUTH BY THE SEA — financial and operating metrics

CCN 205112, FALMOUTH, ME · Medicare cost reports, FY2022–FY2023

Short reporting period. FY2023 (253 days) covers less than a full year, usually because the facility changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2022FY2023
253d
Total facility bedsunverified9393
Total bed days availableunverified33,94523,622
Total inpatient daysunverified21,58513,041
Total patient revenue (gross charges)unverified$9,966,755$6,381,169
Contractual allowances and discountsunverified$1,671,950$1,196,729
Net patient revenueunverified$8,294,805$5,184,440
Total operating expensesunverified$10,049,033$6,642,002
Net income from service to patientsunverified$-1,754,228$-1,457,562
Net income (loss) for the periodunverified$-442,589$5,185,566
Operating marginunverified-21.1%-28.1%
Occupancy rateunverified63.6%55.2%
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