KINGSWAY ARMS NURSING CENTER — financial and operating metrics

CCN 335466, SCHENECTADY, 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 bedsunverified160160160
Total bed days availableunverified58,40058,40058,560
Total inpatient daysunverified56,62555,35256,740
Total patient revenue (gross charges)unverified$28,623,494$29,626,725$31,523,256
Contractual allowances and discountsunverified$4,487,104$4,352,172$4,594,449
Net patient revenueunverified$24,136,390$25,274,553$26,928,807
Total operating expensesunverified$23,111,547$24,265,005$26,312,391
Net income from service to patientsunverified$1,024,843$1,009,548$616,416
Net income (loss) for the periodunverified$1,377,006$1,367,613$1,012,795
Operating marginunverified4.2%4.0%2.3%
Occupancy rateunverified97.0%94.8%96.9%
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