WINGATE AT NEEDHAM INC. — financial and operating metrics

CCN 225695, NEEDHAM, MA · Medicare cost reports, FY2022–FY2022

Short reporting period. FY2022 (157 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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MetricFY2022
157d
Total facility bedsunverified142
Total bed days availableunverified22,436
Total inpatient daysunverified6,991
Total patient revenue (gross charges)unverified$3,145,530
Contractual allowances and discountsunverified$162,537
Net patient revenueunverified$2,982,993
Total operating expensesunverified$3,697,956
Net income from service to patientsunverified$-714,963
Net income (loss) for the periodunverified$-712,310
Operating marginunverified-24.0%
Occupancy rateunverified31.2%
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