THE LAURELS OF CHATHAM — financial and operating metrics

CCN 345421, PITTSBORO, 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 daysunverified42,51646,33444,551
Total patient revenue (gross charges)unverified$13,341,306$17,989,241$14,316,158
Contractual allowances and discountsunverified$1,804,329$2,176,325$2,365,440
Net patient revenueunverified$11,536,977$15,812,916$11,950,718
Total operating expensesunverified$13,391,182$15,793,517$12,248,361
Net income from service to patientsunverified$-1,854,205$19,399$-297,643
Net income (loss) for the periodunverified$1,646,639$788,748$-294,859
Operating marginunverified-16.1%0.1%-2.5%
Occupancy rateunverified83.2%90.7%86.9%
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