PINEY GROVE NURSING & REHAB CTR — financial and operating metrics

CCN 345354, KERNERSVILLE, 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 bedsunverified929292
Total bed days availableunverified33,58033,58033,672
Total inpatient daysunverified27,81429,23330,349
Total patient revenue (gross charges)unverified$9,502,548$10,611,678$11,159,519
Contractual allowances and discountsunverified$343,880$345,352$427,860
Net patient revenueunverified$9,158,668$10,266,326$10,731,659
Total operating expensesunverified$9,287,733$10,019,279$10,303,866
Net income from service to patientsunverified$-129,065$247,047$427,793
Net income (loss) for the periodunverified$371,923$436,915$711,267
Operating marginunverified-1.4%2.4%4.0%
Occupancy rateunverified82.8%87.1%90.1%
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