CCN 225298, 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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| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Total facility bedsunverified | 123 | 123 | 123 |
| Total bed days availableunverified | 44,895 | 44,895 | 45,018 |
| Total inpatient daysunverified | 41,827 | 40,803 | 42,680 |
| Total patient revenue (gross charges)unverified | $26,529,801 | $26,835,559 | $19,455,717 |
| Contractual allowances and discountsunverified | $12,177,526 | $11,751,128 | $5,125,724 |
| Net patient revenueunverified | $14,352,275 | $15,084,431 | $14,329,993 |
| Total operating expensesunverified | $16,641,644 | $16,090,991 | $16,052,855 |
| Net income from service to patientsunverified | $-2,289,369 | $-1,006,560 | $-1,722,862 |
| Net income (loss) for the periodunverified | $-2,250,829 | $-645,619 | $-366,375 |
| Operating marginunverified | -16.0% | -6.7% | -12.0% |
| Occupancy rateunverified | 93.2% | 90.9% | 94.8% |