ALTERCARE POST-ACUTE REHABILITATION — financial and operating metrics

CCN 365300, KENT, 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 bedsunverified797979
Total bed days availableunverified28,83528,83528,914
Total inpatient daysunverified24,90224,54625,790
Total patient revenue (gross charges)unverified$10,470,221$10,230,335$10,700,336
Contractual allowances and discountsunverified$1,873,923$1,446,866$1,140,113
Net patient revenueunverified$8,596,298$8,783,469$9,560,223
Total operating expensesunverified$9,167,912$9,126,442$9,293,397
Net income from service to patientsunverified$-571,614$-342,973$266,826
Net income (loss) for the periodunverified$-82,340$-46,128$304,233
Operating marginunverified-6.6%-3.9%2.8%
Occupancy rateunverified86.4%85.1%89.2%
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