PINE ACRES NURSING HOME — financial and operating metrics

CCN 315053, MADISON, NJ · 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 bedsunverified102102102
Total bed days availableunverified37,23037,23037,332
Total inpatient daysunverified32,03129,81329,931
Total patient revenue (gross charges)unverified$12,242,908$11,449,547$13,103,338
Contractual allowances and discountsunverified$905,378$797,106$1,071,063
Net patient revenueunverified$11,337,530$10,652,441$12,032,275
Total operating expensesunverified$12,723,297$11,041,432$11,330,458
Net income from service to patientsunverified$-1,385,767$-388,991$701,817
Net income (loss) for the periodunverified$-1,326,418$-383,687$716,376
Operating marginunverified-12.2%-3.7%5.8%
Occupancy rateunverified86.0%80.1%80.2%
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