WESTGATE NURSING REHABILITATION AND — financial and operating metrics

CCN 235565, IRONWOOD, MI · 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 bedsunverified999999
Total bed days availableunverified36,13536,50036,234
Total inpatient daysunverified24,45724,17224,240
Total patient revenue (gross charges)unverified$8,846,892$8,597,471$8,848,057
Contractual allowances and discountsunverified$1,945,712$1,916,870$2,445,682
Net patient revenueunverified$6,901,180$6,680,601$6,402,375
Total operating expensesunverified$6,145,176$6,476,366$6,832,054
Net income from service to patientsunverified$756,004$204,235$-429,679
Net income (loss) for the periodunverified$1,128,415$421,349$-162,478
Operating marginunverified11.0%3.1%-6.7%
Occupancy rateunverified67.7%66.2%66.9%
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