MIDWEST COVENANT HOME — financial and operating metrics

CCN 285062, STROMSBURG, NE · Medicare cost reports, FY2023–FY2025

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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MetricFY2023FY2024FY2025
Total facility bedsunverified515151
Total bed days availableunverified18,61518,66618,615
Total inpatient daysunverified15,31014,99714,873
Total patient revenue (gross charges)unverified$6,080,053$5,819,258$5,890,104
Contractual allowances and discountsunverified$306,873
Net patient revenueunverified$5,773,180$5,819,258$5,890,104
Total operating expensesunverified$6,693,806$6,611,478$6,726,521
Net income from service to patientsunverified$-920,626$-792,220$-836,417
Net income (loss) for the periodunverified$-493,736$-337,714$-376,887
Operating marginunverified-15.9%-13.6%-14.2%
Occupancy rateunverified82.2%80.3%79.9%
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