SPRING MEADOWS NURSING & REHAB — financial and operating metrics

CCN 366042, HOLLAND, 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 bedsunverified999999
Total bed days availableunverified36,13536,13536,234
Total inpatient daysunverified29,42532,00230,451
Total patient revenue (gross charges)unverified$9,048,704$12,379,143$14,280,679
Contractual allowances and discountsunverified$1,272,080$3,091,139$4,769,072
Net patient revenueunverified$7,776,624$9,288,004$9,511,607
Total operating expensesunverified$9,942,684$10,554,686$10,642,966
Net income from service to patientsunverified$-2,166,060$-1,266,682$-1,131,359
Net income (loss) for the periodunverified$-2,163,066$-1,265,326$-1,131,359
Operating marginunverified-27.9%-13.6%-11.9%
Occupancy rateunverified81.4%88.6%84.0%
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