WILLOW RIDGE HEALTHCARE — financial and operating metrics

CCN 345197, RUTHERFORDTON, 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 bedsunverified150136136
Total bed days availableunverified54,75049,64049,776
Total inpatient daysunverified36,95241,25638,109
Total patient revenue (gross charges)unverified$15,626,015$15,299,268$14,155,421
Contractual allowances and discountsunverified$826,631$687,726$524,015
Net patient revenueunverified$14,799,384$14,611,542$13,631,406
Total operating expensesunverified$10,962,420$13,488,745$13,049,429
Net income from service to patientsunverified$3,836,964$1,122,797$581,977
Net income (loss) for the periodunverified$5,196,087$1,128,895$584,155
Operating marginunverified25.9%7.7%4.3%
Occupancy rateunverified67.5%83.1%76.6%
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