LIFE CARE CENTER OF FARMINGTON — financial and operating metrics

CCN 325103, FARMINGTON, NM · 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 bedsunverified117117117
Total bed days availableunverified42,70542,70542,822
Total inpatient daysunverified35,46237,44939,790
Total patient revenue (gross charges)unverified$10,819,916$11,250,763$13,391,493
Contractual allowances and discountsunverified$-1,211,991
Net patient revenueunverified$10,819,916$12,462,754$13,391,493
Total operating expensesunverified$10,247,368$11,377,641$12,354,953
Net income from service to patientsunverified$572,548$1,085,113$1,036,540
Net income (loss) for the periodunverified$1,762,431$1,109,611$1,077,689
Operating marginunverified5.3%8.7%7.7%
Occupancy rateunverified83.0%87.7%92.9%
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