TOWER LODGE CARE CTR — financial and operating metrics

CCN 315069, WALL, 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 bedsunverified606060
Total bed days availableunverified21,90021,90021,960
Total inpatient daysunverified17,66019,28819,520
Total patient revenue (gross charges)unverified$5,709,795$6,733,996$6,686,377
Contractual allowances and discountsunverified$458,726$562,029$391,165
Net patient revenueunverified$5,251,069$6,171,967$6,295,212
Total operating expensesunverified$5,810,291$6,250,263$6,460,682
Net income from service to patientsunverified$-559,222$-78,296$-165,470
Net income (loss) for the periodunverified$-535,918$-76,386$-136,975
Operating marginunverified-10.6%-1.3%-2.6%
Occupancy rateunverified80.6%88.1%88.9%
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