PIPER SHORES — financial and operating metrics

CCN 205187, SCARBOROUGH, ME · 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 bedsunverified949494
Total bed days availableunverified34,31034,31034,404
Total inpatient daysunverified27,64328,55630,120
Total patient revenue (gross charges)unverified$23,623,446$28,401,997$34,318,075
Contractual allowances and discountsunverified$4,047,479$4,356,760$5,430,048
Net patient revenueunverified$19,575,967$24,045,237$28,888,027
Total operating expensesunverified$24,865,922$30,319,328$33,494,521
Net income from service to patientsunverified$-5,289,955$-6,274,091$-4,606,494
Net income (loss) for the periodunverified$-6,187,461$604,881$4,549,273
Operating marginunverified-27.0%-26.1%-15.9%
Occupancy rateunverified80.6%83.2%87.5%
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