SOUTHWOOD AT NORWELL NURSING CENTER — financial and operating metrics

CCN 225597, NORWELL, 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 bedsunverified142142142
Total bed days availableunverified51,83051,83051,972
Total inpatient daysunverified42,99642,98644,791
Total patient revenue (gross charges)unverified$18,687,625$19,328,536$21,832,269
Contractual allowances and discountsunverified$3,034,022$4,190,071$3,929,876
Net patient revenueunverified$15,653,603$15,138,465$17,902,393
Total operating expensesunverified$15,116,325$15,779,788$17,303,057
Net income from service to patientsunverified$537,278$-641,323$599,336
Net income (loss) for the periodunverified$1,754,010$-456,265$643,571
Operating marginunverified3.4%-4.2%3.3%
Occupancy rateunverified83.0%82.9%86.2%
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