FAIRHAVEN INC. — financial and operating metrics

CCN 215130, SYKESVILLE, MD · 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 bedsunverified796969
Total bed days availableunverified28,83526,08525,254
Total inpatient daysunverified16,68915,09713,616
Total patient revenue (gross charges)unverified$27,189,356$29,896,053$30,048,486
Contractual allowances and discountsunverified$4,033,950$4,760,384$4,544,040
Net patient revenueunverified$23,155,406$25,135,669$25,504,446
Total operating expensesunverified$21,783,658$22,137,564$22,817,633
Net income from service to patientsunverified$1,371,748$2,998,105$2,686,813
Net income (loss) for the periodunverified$3,124,086$4,370,647$4,301,329
Operating marginunverified5.9%11.9%10.5%
Occupancy rateunverified57.9%57.9%53.9%
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