CARE ONE AT HANOVER TOWNSHIP — financial and operating metrics

CCN 315511, WHIPPANY ROAD, 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 bedsunverified949494
Total bed days availableunverified34,31034,31034,404
Total inpatient daysunverified22,04627,13028,569
Total patient revenue (gross charges)unverified$13,786,009$17,216,422$19,389,726
Contractual allowances and discountsunverified$3,057,964$6,014,861$5,743,586
Net patient revenueunverified$10,728,045$11,201,561$13,646,140
Total operating expensesunverified$12,137,737$12,663,532$13,906,463
Net income from service to patientsunverified$-1,409,692$-1,461,971$-260,323
Net income (loss) for the periodunverified$-1,361,799$-1,482,416$-253,056
Operating marginunverified-13.1%-13.1%-1.9%
Occupancy rateunverified64.3%79.1%83.0%
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