HICKORY FALLS HEALTH AND REHAB — financial and operating metrics

CCN 345246, GRANITE FALLS, 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 bedsunverified120120120
Total bed days availableunverified43,80043,80043,920
Total inpatient daysunverified40,45140,48341,103
Total patient revenue (gross charges)unverified$16,968,386$16,990,513$16,347,066
Contractual allowances and discountsunverified$740,074$766,704$-363,154
Net patient revenueunverified$16,228,312$16,223,809$16,710,220
Total operating expensesunverified$13,379,044$14,636,487$15,721,616
Net income from service to patientsunverified$2,849,268$1,587,322$988,604
Net income (loss) for the periodunverified$2,869,516$1,739,536$1,098,186
Operating marginunverified17.6%9.8%5.9%
Occupancy rateunverified92.4%92.4%93.6%
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