LCC OF BANNER ELK — financial and operating metrics

CCN 345203, BANNER ELK, 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 bedsunverified118118118
Total bed days availableunverified43,07043,07043,188
Total inpatient daysunverified23,58524,96524,283
Total patient revenue (gross charges)unverified$8,211,864$8,773,534$8,812,400
Contractual allowances and discountsunverified$960,485$774,912$642,635
Net patient revenueunverified$7,251,379$7,998,622$8,169,765
Total operating expensesunverified$6,678,458$7,558,882$7,869,771
Net income from service to patientsunverified$572,921$439,740$299,994
Net income (loss) for the periodunverified$697,423$457,719$311,241
Operating marginunverified7.9%5.5%3.7%
Occupancy rateunverified54.8%58.0%56.2%
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