WEDGEMERE HEALTHCARE — financial and operating metrics

CCN 225067, TAUNTON, 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 bedsunverified949494
Total bed days availableunverified34,31034,31034,404
Total inpatient daysunverified24,69726,63426,316
Total patient revenue (gross charges)unverified$11,974,547$13,503,933$13,665,551
Contractual allowances and discountsunverified$4,517,225$4,419,547$4,409,474
Net patient revenueunverified$7,457,322$9,084,386$9,256,077
Total operating expensesunverified$8,525,887$10,207,506$10,473,604
Net income from service to patientsunverified$-1,068,565$-1,123,120$-1,217,527
Net income (loss) for the periodunverified$-697,948$-1,091,106$-1,217,527
Operating marginunverified-14.3%-12.4%-13.2%
Occupancy rateunverified72.0%77.6%76.5%
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