THE LAURELS OF FOREST GLENN — financial and operating metrics

CCN 345389, GARNER, 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 bedsunverified140140140
Total bed days availableunverified51,10051,10051,240
Total inpatient daysunverified43,68345,66345,768
Total patient revenue (gross charges)unverified$15,795,563$18,729,524$16,572,970
Contractual allowances and discountsunverified$2,989,670$3,225,941$4,434,035
Net patient revenueunverified$12,805,893$15,503,583$12,138,935
Total operating expensesunverified$13,649,765$14,877,830$12,252,188
Net income from service to patientsunverified$-843,872$625,753$-113,253
Net income (loss) for the periodunverified$1,555,630$1,512,503$-112,776
Operating marginunverified-6.6%4.0%-0.9%
Occupancy rateunverified85.5%89.4%89.3%
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