WELLSPRING HEALTH CENTER — financial and operating metrics

CCN 365812, CINCINNATI, 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 bedsunverified707070
Total bed days availableunverified25,55025,55025,620
Total inpatient daysunverified18,08517,26916,419
Total patient revenue (gross charges)unverified$8,151,396$8,253,346$8,063,925
Contractual allowances and discountsunverified$2,771,018$2,558,012$2,057,745
Net patient revenueunverified$5,380,378$5,695,334$6,006,180
Total operating expensesunverified$7,012,372$6,952,517$6,489,228
Net income from service to patientsunverified$-1,631,994$-1,257,183$-483,048
Net income (loss) for the periodunverified$-1,411,915$-1,199,844$-492,950
Operating marginunverified-30.3%-22.1%-8.0%
Occupancy rateunverified70.8%67.6%64.1%
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