SCARLET OAKS RETIREMENT COMMUNITY — financial and operating metrics

CCN 365978, 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 daysunverified23,14322,87623,365
Total patient revenue (gross charges)unverified$9,216,342$11,547,150$12,685,467
Contractual allowances and discountsunverified$841,124$688,852$648,971
Net patient revenueunverified$8,375,218$10,858,298$12,036,496
Total operating expensesunverified$12,089,095$13,696,778$14,479,709
Net income from service to patientsunverified$-3,713,877$-2,838,480$-2,443,213
Net income (loss) for the periodunverified$3,172$-64,607$1,991,712
Operating marginunverified-44.3%-26.1%-20.3%
Occupancy rateunverified90.6%89.5%91.2%
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