SPRING HILLS POST ACUTE WOODBURY — financial and operating metrics

CCN 315521, WOODBURY, NJ · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2022 (244 days) covers less than a full year, usually because the facility changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2022
244d
FY2023FY2024
Total facility bedsunverified124124124
Total bed days availableunverified30,38045,26037,944
Total inpatient daysunverified25,29040,34931,124
Total patient revenue (gross charges)unverified$17,114,273$26,849,396$20,103,093
Contractual allowances and discountsunverified$3,268,771$4,730,687$2,618,967
Net patient revenueunverified$13,845,502$22,118,709$17,484,126
Total operating expensesunverified$12,489,738$19,698,892$17,194,795
Net income from service to patientsunverified$1,355,764$2,419,817$289,331
Net income (loss) for the periodunverified$1,366,362$2,431,485$296,662
Operating marginunverified9.8%10.9%1.7%
Occupancy rateunverified83.2%89.1%82.0%
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