BOUNDARY WATERS CARE CENTER — financial and operating metrics

CCN 245138, ELY, MN · 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 bedsunverified424242
Total bed days availableunverified15,33015,33015,372
Total inpatient daysunverified11,32011,80711,957
Total patient revenue (gross charges)unverified$3,721,654$4,231,781$4,991,405
Contractual allowances and discountsunverified$40,493$36,497$33,302
Net patient revenueunverified$3,681,161$4,195,284$4,958,103
Total operating expensesunverified$4,839,132$5,053,195$5,329,297
Net income from service to patientsunverified$-1,157,971$-857,911$-371,194
Net income (loss) for the periodunverified$-734,808$-223,769$193,741
Operating marginunverified-31.5%-20.4%-7.5%
Occupancy rateunverified73.8%77.0%77.8%
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