RIDGEWOOD HEALTHCARE — financial and operating metrics

CCN 345228, WASHINGTON, 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 bedsunverified150128128
Total bed days availableunverified54,75046,72046,848
Total inpatient daysunverified40,23940,95243,352
Total patient revenue (gross charges)unverified$16,512,102$15,999,206$16,850,084
Contractual allowances and discountsunverified$1,041,159$968,154$1,034,640
Net patient revenueunverified$15,470,943$15,031,052$15,815,444
Total operating expensesunverified$10,878,123$12,174,735$13,712,291
Net income from service to patientsunverified$4,592,820$2,856,317$2,103,153
Net income (loss) for the periodunverified$6,023,346$2,860,155$2,106,748
Operating marginunverified29.7%19.0%13.3%
Occupancy rateunverified73.5%87.7%92.5%
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