INDEPENDENCE HOUSE — financial and operating metrics

CCN 365860, FOSTORIA, 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 bedsunverified505050
Total bed days availableunverified18,25018,25018,300
Total inpatient daysunverified13,16014,36913,578
Total patient revenue (gross charges)unverified$3,551,974$4,097,855$4,168,714
Contractual allowances and discountsunverified$-22,534$36,312$352,231
Net patient revenueunverified$3,574,508$4,061,543$3,816,483
Total operating expensesunverified$4,213,591$4,582,186$4,911,712
Net income from service to patientsunverified$-639,083$-520,643$-1,095,229
Net income (loss) for the periodunverified$-465,776$-381,408$-1,094,551
Operating marginunverified-17.9%-12.8%-28.7%
Occupancy rateunverified72.1%78.7%74.2%
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