CARE ONE AT LOWELL — financial and operating metrics

CCN 225224, LOWELL, 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 bedsunverified160160160
Total bed days availableunverified58,40058,40058,560
Total inpatient daysunverified55,38855,54256,573
Total patient revenue (gross charges)unverified$30,866,290$32,838,610$33,666,253
Contractual allowances and discountsunverified$6,393,712$7,817,093$6,699,522
Net patient revenueunverified$24,472,578$25,021,517$26,966,731
Total operating expensesunverified$24,409,979$24,037,166$24,424,620
Net income from service to patientsunverified$62,599$984,351$2,542,111
Net income (loss) for the periodunverified$877,682$1,105,645$2,485,337
Operating marginunverified0.3%3.9%9.4%
Occupancy rateunverified94.8%95.1%96.6%
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