AHSNF - CLEVELAND PINES — financial and operating metrics

CCN 345282, SHELBY, 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 daysunverified29,11632,76135,861
Total patient revenue (gross charges)unverified$7,450,349$8,960,844$12,055,121
Contractual allowances and discountsunverified$-497,077$170,104$1,388,161
Net patient revenueunverified$7,947,426$8,790,740$10,666,960
Total operating expensesunverified$13,117,207$13,605,406$15,147,537
Net income from service to patientsunverified$-5,169,781$-4,814,666$-4,480,577
Net income (loss) for the periodunverified$-5,080,639$-4,749,954$-4,400,291
Operating marginunverified-65.0%-54.8%-42.0%
Occupancy rateunverified66.5%74.8%81.7%
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