ELDERWOOD AT CHEEKTOWAGA — financial and operating metrics

CCN 335752, CHEEKTOWAGA, 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 bedsunverified172172172
Total bed days availableunverified62,78062,78062,952
Total inpatient daysunverified48,77053,77856,153
Total patient revenue (gross charges)unverified$25,350,147$29,361,481$31,662,554
Contractual allowances and discountsunverified$9,539,597$11,321,256$11,050,364
Net patient revenueunverified$15,810,550$18,040,225$20,612,190
Total operating expensesunverified$19,623,835$20,832,393$22,105,251
Net income from service to patientsunverified$-3,813,285$-2,792,168$-1,493,061
Net income (loss) for the periodunverified$-1,624,633$-2,074,097$-1,393,342
Operating marginunverified-24.1%-15.5%-7.2%
Occupancy rateunverified77.7%85.7%89.2%
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