WELLS NURSING HOME INC. — financial and operating metrics

CCN 335314, JOHNSTOWN, NY · 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 bedsunverified100100100
Total bed days availableunverified36,50036,50036,600
Total inpatient daysunverified26,22830,13631,571
Total patient revenue (gross charges)unverified$10,436,851$12,435,102$13,616,319
Contractual allowances and discountsunverified$4,191,936$5,536,811$6,362,939
Net patient revenueunverified$6,244,915$6,898,291$7,253,380
Total operating expensesunverified$9,237,723$10,890,333$10,292,239
Net income from service to patientsunverified$-2,992,808$-3,992,042$-3,038,859
Net income (loss) for the periodunverified$-1,080,814$-992,527$-2,685,241
Operating marginunverified-47.9%-57.9%-41.9%
Occupancy rateunverified71.9%82.6%86.3%
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