MAGNOLIA LANE NURSING & REHAB CTR — financial and operating metrics

CCN 345219, MORGANTON, 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 bedsunverified121121121
Total bed days availableunverified44,16544,16544,286
Total inpatient daysunverified17,33016,83820,573
Total patient revenue (gross charges)unverified$6,174,791$6,257,744$7,524,143
Contractual allowances and discountsunverified$439,364$423,554$544,240
Net patient revenueunverified$5,735,427$5,834,190$6,979,903
Total operating expensesunverified$5,948,065$6,169,504$6,989,785
Net income from service to patientsunverified$-212,638$-335,314$-9,882
Net income (loss) for the periodunverified$417,223$-177,685$151,105
Operating marginunverified-3.7%-5.7%-0.1%
Occupancy rateunverified39.2%38.1%46.5%
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