HOMESTEAD REHAB AND HEALTHCARE CTR. — financial and operating metrics

CCN 315378, NEWTON, 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 bedsunverified128128128
Total bed days availableunverified46,72046,72046,848
Total inpatient daysunverified27,51523,81522,109
Total patient revenue (gross charges)unverified$11,755,925$10,254,889$10,413,600
Contractual allowances and discountsunverified$1,635,441$1,299,945$1,119,660
Net patient revenueunverified$10,120,484$8,954,944$9,293,940
Total operating expensesunverified$10,853,952$10,162,458$9,758,616
Net income from service to patientsunverified$-733,468$-1,207,514$-464,676
Net income (loss) for the periodunverified$518,171$-1,196,711$-464,163
Operating marginunverified-7.2%-13.5%-5.0%
Occupancy rateunverified58.9%51.0%47.2%
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