THE SHORES — financial and operating metrics

CCN 315394, OCEAN CITY, NJ · Medicare cost reports, FY2023–FY2025

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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MetricFY2023FY2024FY2025
Total facility bedsunverified315315315
Total bed days availableunverified114,975115,290114,975
Total inpatient daysunverified61,08967,71971,498
Total patient revenue (gross charges)unverified$22,195,243$25,106,609$27,986,031
Contractual allowances and discountsunverified$2,475,195$2,587,037$2,521,152
Net patient revenueunverified$19,720,048$22,519,572$25,464,879
Total operating expensesunverified$23,228,097$24,511,982$26,063,741
Net income from service to patientsunverified$-3,508,049$-1,992,410$-598,862
Net income (loss) for the periodunverified$-2,775,834$-1,338,239$-892,342
Operating marginunverified-17.8%-8.8%-2.4%
Occupancy rateunverified53.1%58.7%62.2%
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