THE OAKS LTC FACILITY — financial and operating metrics

CCN 225328, NEW BEDFORD, 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 bedsunverified122122122
Total bed days availableunverified44,53044,53044,652
Total inpatient daysunverified33,04737,89740,272
Total patient revenue (gross charges)unverified$19,381,833$22,372,344$24,031,857
Contractual allowances and discountsunverified$7,567,582$7,804,185$7,699,028
Net patient revenueunverified$11,814,251$14,568,159$16,332,829
Total operating expensesunverified$12,427,850$14,430,124$15,636,258
Net income from service to patientsunverified$-613,599$138,035$696,571
Net income (loss) for the periodunverified$65,800$195,180$709,703
Operating marginunverified-5.2%0.9%4.3%
Occupancy rateunverified74.2%85.1%90.2%
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