ANDOVER VILLAGE RETIREMENT COMMUNIT — financial and operating metrics

CCN 365411, ANDOVER, 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 bedsunverified999999
Total bed days availableunverified36,13536,13536,234
Total inpatient daysunverified24,75725,50025,764
Total patient revenue (gross charges)unverified$7,909,330$9,545,671$12,764,577
Contractual allowances and discountsunverified$113,721
Net patient revenueunverified$7,909,330$9,545,671$12,650,856
Total operating expensesunverified$9,449,620$10,099,063$10,530,265
Net income from service to patientsunverified$-1,540,290$-553,392$2,120,591
Net income (loss) for the periodunverified$1,986,694$1,271,020$2,160,255
Operating marginunverified-19.5%-5.8%16.8%
Occupancy rateunverified68.5%70.6%71.1%
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