REDEEMER RESIDENCE INC. — financial and operating metrics

CCN 245520, 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 bedsunverified119119119
Total bed days availableunverified43,43543,43543,554
Total inpatient daysunverified37,95340,79340,630
Total patient revenue (gross charges)unverified$14,125,781$16,737,745$19,011,209
Contractual allowances and discountsunverified$721,089$1,209,442$1,462,864
Net patient revenueunverified$13,404,692$15,528,303$17,548,345
Total operating expensesunverified$13,608,468$15,280,076$17,433,077
Net income from service to patientsunverified$-203,776$248,227$115,268
Net income (loss) for the periodunverified$-4,080$757,601$1,084,425
Operating marginunverified-1.5%1.6%0.7%
Occupancy rateunverified87.4%93.9%93.3%
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