WAKEFIELD CENTER — financial and operating metrics

CCN 225400, WAKEFIELD, 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 bedsunverified149149149
Total bed days availableunverified54,38549,76659,153
Total inpatient daysunverified39,61230,58238,124
Total patient revenue (gross charges)unverified$20,845,044$17,074,935$13,426,766
Contractual allowances and discountsunverified$9,274,746$7,310,748$174,289
Net patient revenueunverified$11,570,298$9,764,187$13,252,477
Total operating expensesunverified$13,798,577$13,129,175$14,677,441
Net income from service to patientsunverified$-2,228,279$-3,364,988$-1,424,964
Net income (loss) for the periodunverified$-1,400,366$-3,288,031$-1,418,168
Operating marginunverified-19.3%-34.5%-10.8%
Occupancy rateunverified72.8%61.5%64.4%
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See pricing · How we derive these numbers