THE CARDINAL AT NORTH HILLS — financial and operating metrics

CCN 345572, 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 bedsunverified707070
Total bed days availableunverified25,55025,55025,620
Total inpatient daysunverified20,50519,62119,789
Total patient revenue (gross charges)unverified$3,523,115$4,020,788$5,525,449
Contractual allowances and discountsunverified$811,440$995,822$987,239
Net patient revenueunverified$2,711,675$3,024,966$4,538,210
Total operating expensesunverified$22,659,893$24,732,635$49,610,205
Net income from service to patientsunverified$-19,948,218$-21,707,669$-45,071,995
Net income (loss) for the periodunverified$892,999$-671,985$-1,990,601
Operating marginunverified-735.6%-717.6%-993.2%
Occupancy rateunverified80.3%76.8%77.2%
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