LIFE CARE CENTER OF WESTLAKE — financial and operating metrics

CCN 365048, 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 bedsunverified119119119
Total bed days availableunverified43,43543,43543,554
Total inpatient daysunverified30,52235,14334,635
Total patient revenue (gross charges)unverified$11,701,865$13,515,655$13,564,150
Contractual allowances and discountsunverified$4,384,110$4,873,773$4,139,938
Net patient revenueunverified$7,317,755$8,641,882$9,424,212
Total operating expensesunverified$9,153,865$9,910,662$10,120,770
Net income from service to patientsunverified$-1,836,110$-1,268,780$-696,558
Net income (loss) for the periodunverified$-1,408,817$-776,217$-653,537
Operating marginunverified-25.1%-14.7%-7.4%
Occupancy rateunverified70.3%80.9%79.5%
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