CLOVER MEADOWS HEALTHCARE & REHAB — financial and operating metrics

CCN 315113, LAWRENCEVILLE, 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 bedsunverified100100100
Total bed days availableunverified36,50036,50036,600
Total inpatient daysunverified31,92932,12932,903
Total patient revenue (gross charges)unverified$13,745,394$13,809,888$13,686,681
Contractual allowances and discountsunverified$1,701,471$1,547,147$1,189,864
Net patient revenueunverified$12,043,923$12,262,741$12,496,817
Total operating expensesunverified$11,818,239$12,014,222$12,999,752
Net income from service to patientsunverified$225,684$248,519$-502,935
Net income (loss) for the periodunverified$243,832$260,530$-363,858
Operating marginunverified1.9%2.0%-4.0%
Occupancy rateunverified87.5%88.0%89.9%
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