THE HERMITAGE HEALTHCARE — financial and operating metrics

CCN 225009, WORCESTER, MA · 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 bedsunverified101101101
Total bed days availableunverified36,86536,86536,966
Total inpatient daysunverified28,94933,33633,886
Total patient revenue (gross charges)unverified$12,229,909$14,649,525$15,222,085
Contractual allowances and discountsunverified$3,980,722$3,835,281$3,340,285
Net patient revenueunverified$8,249,187$10,814,244$11,881,800
Total operating expensesunverified$8,681,377$10,548,133$11,621,042
Net income from service to patientsunverified$-432,190$266,111$260,758
Net income (loss) for the periodunverified$30,110$305,123$260,758
Operating marginunverified-5.2%2.5%2.2%
Occupancy rateunverified78.5%90.4%91.7%
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