CCN 345222, 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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| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Total facility bedsunverified | 120 | 120 | 120 |
| Total bed days availableunverified | 43,800 | 43,800 | 43,920 |
| Total inpatient daysunverified | 34,746 | 36,900 | 38,821 |
| Total patient revenue (gross charges)unverified | $8,180,463 | $11,018,893 | $13,231,906 |
| Contractual allowances and discountsunverified | $-1,082,201 | $-1,008,392 | $14,080 |
| Net patient revenueunverified | $9,262,664 | $12,027,285 | $13,217,826 |
| Total operating expensesunverified | $10,851,733 | $11,645,386 | $11,856,207 |
| Net income from service to patientsunverified | $-1,589,069 | $381,899 | $1,361,619 |
| Net income (loss) for the periodunverified | $1,247,568 | $382,233 | $1,361,634 |
| Operating marginunverified | -17.2% | 3.2% | 10.3% |
| Occupancy rateunverified | 79.3% | 84.2% | 88.4% |