CANDLEWOOD HEALTHCARE — financial and operating metrics

CCN 365353, CLEVELAND, 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 bedsunverified130116116
Total bed days availableunverified47,45044,00642,456
Total inpatient daysunverified31,53534,28536,207
Total patient revenue (gross charges)unverified$10,252,781$11,972,204$13,432,173
Contractual allowances and discountsunverified$2,658,159$2,473,878$2,885,032
Net patient revenueunverified$7,594,622$9,498,326$10,547,141
Total operating expensesunverified$8,344,361$8,555,121$8,584,877
Net income from service to patientsunverified$-749,739$943,205$1,962,264
Net income (loss) for the periodunverified$-160,356$2,110,468$1,998,072
Operating marginunverified-9.9%9.9%18.6%
Occupancy rateunverified66.5%77.9%85.3%
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