MADISON HEALTH & REHAB — financial and operating metrics

CCN 345206, MARS HILL, 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 bedsunverified100100100
Total bed days availableunverified36,50036,50036,600
Total inpatient daysunverified30,19531,56632,072
Total patient revenue (gross charges)unverified$13,238,458$13,853,517$14,446,049
Contractual allowances and discountsunverified$855,353$929,327$615,128
Net patient revenueunverified$12,383,105$12,924,190$13,830,921
Total operating expensesunverified$10,755,793$11,310,634$11,752,251
Net income from service to patientsunverified$1,627,312$1,613,556$2,078,670
Net income (loss) for the periodunverified$1,641,964$1,649,590$2,127,106
Operating marginunverified13.1%12.5%15.0%
Occupancy rateunverified82.7%86.5%87.6%
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