LAUREL LAKE RETIREMENT COMMUNITY — financial and operating metrics

CCN 365793, HUDSON, 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 bedsunverified142136136
Total bed days availableunverified51,83048,17049,776
Total inpatient daysunverified35,31834,80436,419
Total patient revenue (gross charges)unverified$22,967,144$23,847,183$25,592,426
Contractual allowances and discountsunverified$863,529$925,532$1,320,846
Net patient revenueunverified$22,103,615$22,921,651$24,271,580
Total operating expensesunverified$25,593,181$26,530,980$26,249,857
Net income from service to patientsunverified$-3,489,566$-3,609,329$-1,978,277
Net income (loss) for the periodunverified$-1,743,500$4,209,213$4,064,154
Operating marginunverified-15.8%-15.7%-8.2%
Occupancy rateunverified68.1%72.3%73.2%
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