LUTHERAN HOME INC. — financial and operating metrics

CCN 365020, WESTLAKE, OH · 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 bedsunverified134134104
Total bed days availableunverified48,91048,91041,664
Total inpatient daysunverified37,27237,50136,604
Total patient revenue (gross charges)unverified$15,961,844$17,570,533$18,399,499
Contractual allowances and discountsunverified$5,330,083$6,470,117$6,164,159
Net patient revenueunverified$10,631,761$11,100,416$12,235,340
Total operating expensesunverified$14,664,516$14,140,285$13,976,490
Net income from service to patientsunverified$-4,032,755$-3,039,869$-1,741,150
Net income (loss) for the periodunverified$-4,448,438$-2,816,600$-2,118,924
Operating marginunverified-37.9%-27.4%-14.2%
Occupancy rateunverified76.2%76.7%87.9%
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