PROVIDENCE PLACE — financial and operating metrics

CCN 245271, MINNEAPOLIS, 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 bedsunverified190190190
Total bed days availableunverified69,35069,35069,160
Total inpatient daysunverified53,94554,48350,385
Total patient revenue (gross charges)unverified$20,149,394$19,942,065$19,032,181
Contractual allowances and discountsunverified$710,991$497,157$332,884
Net patient revenueunverified$19,438,403$19,444,908$18,699,297
Total operating expensesunverified$19,248,861$19,269,957$20,228,827
Net income from service to patientsunverified$189,542$174,951$-1,529,530
Net income (loss) for the periodunverified$658,293$319,411$-682,298
Operating marginunverified1.0%0.9%-8.2%
Occupancy rateunverified77.8%78.6%72.9%
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