GATES HEALTH AND REHABILITATION — financial and operating metrics

CCN 345406, GATESVILLE, 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 bedsunverified808090
Total bed days availableunverified29,20029,20032,940
Total inpatient daysunverified18,90915,91017,681
Total patient revenue (gross charges)unverified$6,077,624$5,701,574$6,652,361
Contractual allowances and discountsunverified$-524,250$218,390$320,093
Net patient revenueunverified$6,601,874$5,483,184$6,332,268
Total operating expensesunverified$6,319,428$5,804,041$6,904,290
Net income from service to patientsunverified$282,446$-320,857$-572,022
Net income (loss) for the periodunverified$-57,644$-320,359$-571,102
Operating marginunverified4.3%-5.9%-9.0%
Occupancy rateunverified64.8%54.5%53.7%
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