CEDARWOOD GARDENS — financial and operating metrics

CCN 225461, FRANKLIN, MA · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2023 (77 days) covers less than a full year, usually because the facility changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2022FY2023
77d
FY2024
Total facility bedsunverified828282
Total bed days availableunverified29,9306,39630,012
Total inpatient daysunverified21,6683,66720,745
Total patient revenue (gross charges)unverified$10,176,396$1,802,046$10,401,734
Contractual allowances and discountsunverified$4,259,051$644,634$3,776,216
Net patient revenueunverified$5,917,345$1,157,412$6,625,518
Total operating expensesunverified$7,873,179$1,370,029$9,392,209
Net income from service to patientsunverified$-1,955,834$-212,617$-2,766,691
Net income (loss) for the periodunverified$-894,969$-212,617$-2,760,263
Operating marginunverified-33.1%-18.4%-41.8%
Occupancy rateunverified72.4%57.3%69.1%
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