PEAK RESOURCES - CHERRYVILLE — financial and operating metrics

CCN 345395, CHERRYVILLE, 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 bedsunverified127127127
Total bed days availableunverified46,35546,35546,482
Total inpatient daysunverified40,67642,78342,430
Total patient revenue (gross charges)unverified$10,752,104$11,260,365$12,019,039
Contractual allowances and discountsunverified$276,694$-71,026$30,065
Net patient revenueunverified$10,475,410$11,331,391$11,988,974
Total operating expensesunverified$9,830,841$10,673,992$11,428,788
Net income from service to patientsunverified$644,569$657,399$560,186
Net income (loss) for the periodunverified$1,000,806$1,008,199$624,745
Operating marginunverified6.2%5.8%4.7%
Occupancy rateunverified87.7%92.3%91.3%
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