CLAPPS CONVALESCENT NURSING HOME — financial and operating metrics

CCN 345015, ASHEBORO, NC · 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 bedsunverified969696
Total bed days availableunverified35,04035,04035,136
Total inpatient daysunverified30,60232,44932,373
Total patient revenue (gross charges)unverified$11,125,935$12,859,019$13,681,998
Contractual allowances and discountsunverified$782,340$1,362,507$1,896,870
Net patient revenueunverified$10,343,595$11,496,512$11,785,128
Total operating expensesunverified$9,405,249$10,221,859$10,570,712
Net income from service to patientsunverified$938,346$1,274,653$1,214,416
Net income (loss) for the periodunverified$1,292,430$1,519,126$1,503,870
Operating marginunverified9.1%11.1%10.3%
Occupancy rateunverified87.3%92.6%92.1%
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