SIXTEEN ACRES HEALTH CARE CENTER — financial and operating metrics

CCN 225392, SPRINGFIELD, 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 bedsunverified120120120
Total bed days availableunverified43,80043,80043,920
Total inpatient daysunverified31,20838,37739,412
Total patient revenue (gross charges)unverified$13,088,481$16,505,612$17,822,165
Contractual allowances and discountsunverified$3,928,704$4,322,008$3,130,718
Net patient revenueunverified$9,159,777$12,183,604$14,691,447
Total operating expensesunverified$10,310,932$12,519,537$13,532,306
Net income from service to patientsunverified$-1,151,155$-335,933$1,159,141
Net income (loss) for the periodunverified$-51,732$-46,757$1,461,558
Operating marginunverified-12.6%-2.8%7.9%
Occupancy rateunverified71.3%87.6%89.7%
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