THE LAURELS OF NORWORTH — financial and operating metrics

CCN 365222, WORTHINGTON, 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 bedsunverified126126126
Total bed days availableunverified45,99045,99046,116
Total inpatient daysunverified40,80841,94341,816
Total patient revenue (gross charges)unverified$13,782,529$15,026,716$17,254,907
Contractual allowances and discountsunverified$2,564,375$2,790,017$3,930,792
Net patient revenueunverified$11,218,154$12,236,699$13,324,115
Total operating expensesunverified$13,259,865$13,793,076$13,532,202
Net income from service to patientsunverified$-2,041,711$-1,556,377$-208,087
Net income (loss) for the periodunverified$-1,475,304$-445,172$-202,149
Operating marginunverified-18.2%-12.7%-1.6%
Occupancy rateunverified88.7%91.2%90.7%
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