THE VENETIAN CARE & REHAB CENT — financial and operating metrics

CCN 315518, SOUTH AMBOY, 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 bedsunverified180180180
Total bed days availableunverified65,70065,70065,880
Total inpatient daysunverified48,30943,11043,006
Total patient revenue (gross charges)unverified$24,423,383$22,047,934$18,111,402
Contractual allowances and discountsunverified$4,164,473$4,670,096$999,871
Net patient revenueunverified$20,258,910$17,377,838$17,111,531
Total operating expensesunverified$19,759,978$19,999,412$18,431,386
Net income from service to patientsunverified$498,932$-2,621,574$-1,319,855
Net income (loss) for the periodunverified$690,987$-2,607,556$-1,266,900
Operating marginunverified2.5%-15.1%-7.7%
Occupancy rateunverified73.5%65.6%65.3%
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