OCEAN GARDENS NURSING FACILITY — financial and operating metrics

CCN 335738, ARVERNE, 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 bedsunverified280280280
Total bed days availableunverified102,200102,200102,480
Total inpatient daysunverified73,94077,47693,380
Total patient revenue (gross charges)unverified$34,892,790$35,611,685$38,916,450
Contractual allowances and discountsunverified$8,695,682$9,817,200$9,291,474
Net patient revenueunverified$26,197,108$25,794,485$29,624,976
Total operating expensesunverified$24,954,418$25,767,308$29,222,494
Net income from service to patientsunverified$1,242,690$27,177$402,482
Net income (loss) for the periodunverified$1,363,856$603,926$752,143
Operating marginunverified4.7%0.1%1.4%
Occupancy rateunverified72.3%75.8%91.1%
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