THE LODGE AT MILLS RIVER — financial and operating metrics

CCN 345253, MILLS RIVER, 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 bedsunverified505050
Total bed days availableunverified18,25018,25018,300
Total inpatient daysunverified14,96315,65315,496
Total patient revenue (gross charges)unverified$9,492,448$10,254,562$10,519,547
Contractual allowances and discountsunverified$1,739,737$1,826,018$1,325,468
Net patient revenueunverified$7,752,711$8,428,544$9,194,079
Total operating expensesunverified$6,708,750$7,262,585$7,769,248
Net income from service to patientsunverified$1,043,961$1,165,959$1,424,831
Net income (loss) for the periodunverified$1,128,993$1,195,610$1,459,080
Operating marginunverified13.5%13.8%15.5%
Occupancy rateunverified82.0%85.8%84.7%
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