PALM GARDENS NURSING HOME — financial and operating metrics

CCN 335328, BROOKLYN, 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 bedsunverified240240370
Total bed days availableunverified87,60087,600135,420
Total inpatient daysunverified84,16682,96384,171
Total patient revenue (gross charges)unverified$53,312,889$55,789,349$58,686,179
Contractual allowances and discountsunverified$3,896,602$4,822,918$4,977,800
Net patient revenueunverified$49,416,287$50,966,431$53,708,379
Total operating expensesunverified$49,208,142$53,878,549$57,716,496
Net income from service to patientsunverified$208,145$-2,912,118$-4,008,117
Net income (loss) for the periodunverified$-32,790$-3,321,282$-2,394,712
Operating marginunverified0.4%-5.7%-7.5%
Occupancy rateunverified96.1%94.7%62.2%
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