CYPRESS GLEN RETIREMENT COMMUNITY — financial and operating metrics

CCN 345512, GREENVILLE, 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 bedsunverified727272
Total bed days availableunverified26,28026,28026,352
Total inpatient daysunverified22,38223,34219,440
Total patient revenue (gross charges)unverified$18,052,322$19,535,099$20,530,796
Contractual allowances and discountsunverified$598,594$543,254$711,298
Net patient revenueunverified$17,453,728$18,991,845$19,819,498
Total operating expensesunverified$17,627,097$18,872,771$20,450,790
Net income from service to patientsunverified$-173,369$119,074$-631,292
Net income (loss) for the periodunverified$4,228,621$4,216,716$2,558,348
Operating marginunverified-1.0%0.6%-3.2%
Occupancy rateunverified85.2%88.8%73.8%
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