PREFERRED CARE AT ABSECON — financial and operating metrics

CCN 315244, ABSECON, 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 bedsunverified162162162
Total bed days availableunverified59,13059,13059,292
Total inpatient daysunverified50,65153,77253,526
Total patient revenue (gross charges)unverified$23,898,004$25,127,845$26,526,505
Contractual allowances and discountsunverified$1,933,340$1,871,308$2,057,917
Net patient revenueunverified$21,964,664$23,256,537$24,468,588
Total operating expensesunverified$25,433,341$24,350,262$24,792,374
Net income from service to patientsunverified$-3,468,677$-1,093,725$-323,786
Net income (loss) for the periodunverified$-3,116,992$-884,705$-96,320
Operating marginunverified-15.8%-4.7%-1.3%
Occupancy rateunverified85.7%90.9%90.3%
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