PARKER AT SOMERSET — financial and operating metrics

CCN 315253, SOMERSET, 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 bedsunverified120120120
Total bed days availableunverified43,80043,80043,920
Total inpatient daysunverified31,03232,51940,947
Total patient revenue (gross charges)unverified$11,449,988$13,151,840$18,299,847
Contractual allowances and discountsunverified$1,760,476$1,990,094$2,887,395
Net patient revenueunverified$9,689,512$11,161,746$15,412,452
Total operating expensesunverified$25,520,290$28,459,644$34,804,452
Net income from service to patientsunverified$-15,830,778$-17,297,898$-19,392,000
Net income (loss) for the periodunverified$-16,052,672$-17,304,681$-19,686,674
Operating marginunverified-163.4%-155.0%-125.8%
Occupancy rateunverified70.8%74.2%93.2%
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