CARE ONE AT MADISON AVENUE — financial and operating metrics

CCN 315488, MORRISTOWN, 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 bedsunverified178178178
Total bed days availableunverified64,97064,97065,148
Total inpatient daysunverified33,26737,12034,377
Total patient revenue (gross charges)unverified$22,179,145$24,951,260$24,354,823
Contractual allowances and discountsunverified$6,426,389$9,006,734$7,745,485
Net patient revenueunverified$15,752,756$15,944,526$16,609,338
Total operating expensesunverified$17,508,566$18,446,295$17,476,839
Net income from service to patientsunverified$-1,755,810$-2,501,769$-867,501
Net income (loss) for the periodunverified$-1,651,192$-2,489,069$-858,154
Operating marginunverified-11.1%-15.7%-5.2%
Occupancy rateunverified51.2%57.1%52.8%
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