FITCHBURG HEALTHCARE — financial and operating metrics

CCN 225216, FITCHBURG, 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 bedsunverified160152152
Total bed days availableunverified58,40055,48055,632
Total inpatient daysunverified43,41045,67846,260
Total patient revenue (gross charges)unverified$19,523,428$21,514,724$22,182,145
Contractual allowances and discountsunverified$6,631,755$5,464,627$4,223,292
Net patient revenueunverified$12,891,673$16,050,097$17,958,853
Total operating expensesunverified$12,156,014$13,735,673$15,738,365
Net income from service to patientsunverified$735,659$2,314,424$2,220,488
Net income (loss) for the periodunverified$1,339,750$2,369,628$2,220,488
Operating marginunverified5.7%14.4%12.4%
Occupancy rateunverified74.3%82.3%83.2%
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