WELLS PARKVIEW CARE CENTER — financial and operating metrics

CCN 245436, WELLS, 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 bedsunverified505030
Total bed days availableunverified18,25018,25010,980
Total inpatient daysunverified8,9708,7978,854
Total patient revenue (gross charges)unverified$2,648,601$3,229,604$3,590,617
Contractual allowances and discountsunverified$118,395$233,389$291,423
Net patient revenueunverified$2,530,206$2,996,215$3,299,194
Total operating expensesunverified$3,224,846$3,439,178$3,630,248
Net income from service to patientsunverified$-694,640$-442,963$-331,054
Net income (loss) for the periodunverified$-552,725$-425,095$-222,857
Operating marginunverified-27.5%-14.8%-10.0%
Occupancy rateunverified49.2%48.2%80.6%
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