LAKE RIDGE CARE CENTER OF BUFFALO — financial and operating metrics

CCN 245513, BUFFALO, 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 bedsunverified565656
Total bed days availableunverified20,44020,44020,496
Total inpatient daysunverified13,74117,32618,745
Total patient revenue (gross charges)unverified$6,845,758$9,167,546$9,515,739
Contractual allowances and discountsunverified$894,252$1,134,840$954,375
Net patient revenueunverified$5,951,506$8,032,706$8,561,364
Total operating expensesunverified$6,773,093$8,056,335$8,571,740
Net income from service to patientsunverified$-821,587$-23,629$-10,376
Net income (loss) for the periodunverified$-849,302$-92,572$1,067,158
Operating marginunverified-13.8%-0.3%-0.1%
Occupancy rateunverified67.2%84.8%91.5%
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