SOMERSET WOODS REHAB & NURSING CENTE — financial and operating metrics

CCN 315520, SOMERSET, 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 bedsunverified148148148
Total bed days availableunverified54,02054,02054,168
Total inpatient daysunverified39,99439,07536,499
Total patient revenue (gross charges)unverified$14,542,834$15,207,002$15,622,187
Contractual allowances and discountsunverified$809,577$872,897$1,081,082
Net patient revenueunverified$13,733,257$14,334,105$14,541,105
Total operating expensesunverified$13,947,239$15,052,417$15,370,586
Net income from service to patientsunverified$-213,982$-718,312$-829,481
Net income (loss) for the periodunverified$-194,844$-696,133$-828,964
Operating marginunverified-1.6%-5.0%-5.7%
Occupancy rateunverified74.0%72.3%67.4%
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See pricing · How we derive these numbers