ALTERCARE SOMERSET — financial and operating metrics

CCN 365750, SOMERSET, 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 bedsunverified807979
Total bed days availableunverified29,20029,19728,914
Total inpatient daysunverified21,11221,81122,673
Total patient revenue (gross charges)unverified$7,533,256$7,626,040$8,066,053
Contractual allowances and discountsunverified$1,810,832$1,871,667$1,893,125
Net patient revenueunverified$5,722,424$5,754,373$6,172,928
Total operating expensesunverified$5,857,302$6,342,267$6,775,392
Net income from service to patientsunverified$-134,878$-587,894$-602,464
Net income (loss) for the periodunverified$300,221$-97,622$-578,550
Operating marginunverified-2.4%-10.2%-9.8%
Occupancy rateunverified72.3%74.7%78.4%
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