TOWER NURSING & REHABILITATION CTR — financial and operating metrics

CCN 345513, RALEIGH, 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 bedsunverified186186186
Total bed days availableunverified67,89067,89068,076
Total inpatient daysunverified22,53327,87528,149
Total patient revenue (gross charges)unverified$7,221,142$9,488,964$9,093,224
Contractual allowances and discountsunverified$-717,261$-698,569$-331,343
Net patient revenueunverified$7,938,403$10,187,533$9,424,567
Total operating expensesunverified$9,800,487$10,114,586$10,089,515
Net income from service to patientsunverified$-1,862,084$72,947$-664,948
Net income (loss) for the periodunverified$-1,234,316$280,334$-354,801
Operating marginunverified-23.5%0.7%-7.1%
Occupancy rateunverified33.2%41.1%41.3%
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