WEDGWOOD GARDENS CARE CENTERS — financial and operating metrics

CCN 315504, FREEHOLD, 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 bedsunverified151151151
Total bed days availableunverified55,11555,11555,266
Total inpatient daysunverified33,37035,13035,406
Total patient revenue (gross charges)unverified$13,071,731$14,203,514$14,753,848
Contractual allowances and discountsunverified$830,679$1,294,603$1,197,131
Net patient revenueunverified$12,241,052$12,908,911$13,556,717
Total operating expensesunverified$12,664,996$14,013,279$13,731,035
Net income from service to patientsunverified$-423,944$-1,104,368$-174,318
Net income (loss) for the periodunverified$-423,921$-1,101,225$-174,318
Operating marginunverified-3.5%-8.6%-1.3%
Occupancy rateunverified60.5%63.7%64.1%
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