SOUTHERN OCEAN CENTER — financial and operating metrics

CCN 315332, MANAHAWKIN, 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 bedsunverified136136136
Total bed days availableunverified49,64049,64049,776
Total inpatient daysunverified43,61645,45246,483
Total patient revenue (gross charges)unverified$20,227,360$20,784,532$21,450,332
Contractual allowances and discountsunverified$4,049,925$3,000,976$2,547,068
Net patient revenueunverified$16,177,435$17,783,556$18,903,264
Total operating expensesunverified$17,090,542$17,798,598$17,474,173
Net income from service to patientsunverified$-913,107$-15,042$1,429,091
Net income (loss) for the periodunverified$-899,443$12,302$1,449,368
Operating marginunverified-5.6%-0.1%7.6%
Occupancy rateunverified87.9%91.6%93.4%
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