EDGEWOOD HEALTH AND REHABILITATION — financial and operating metrics

CCN 235354, THREE RIVERS, MI · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2022 (89 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
89d
FY2023FY2024
Total facility bedsunverified878787
Total bed days availableunverified7,83031,75531,842
Total inpatient daysunverified5,02717,31223,722
Total patient revenue (gross charges)unverified$1,533,268$5,531,948$8,671,087
Contractual allowances and discountsunverified$90,485$303,522$706,154
Net patient revenueunverified$1,442,783$5,228,426$7,964,933
Total operating expensesunverified$1,590,357$6,097,119$8,310,099
Net income from service to patientsunverified$-147,574$-868,693$-345,166
Net income (loss) for the periodunverified$120,204$-613,439$-48,434
Operating marginunverified-10.2%-16.6%-4.3%
Occupancy rateunverified64.2%54.5%74.5%
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