TRINITY RIDGE — financial and operating metrics

CCN 345106, HICKORY, 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 bedsunverified120120120
Total bed days availableunverified43,80043,80043,920
Total inpatient daysunverified37,57639,31340,476
Total patient revenue (gross charges)unverified$16,283,013$21,985,448$22,693,224
Contractual allowances and discountsunverified$3,303,460$7,692,778$7,291,492
Net patient revenueunverified$12,979,553$14,292,670$15,401,732
Total operating expensesunverified$12,610,785$14,355,550$15,596,941
Net income from service to patientsunverified$368,768$-62,880$-195,209
Net income (loss) for the periodunverified$2,592,935$255,470$346,921
Operating marginunverified2.8%-0.4%-1.3%
Occupancy rateunverified85.8%89.8%92.2%
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