THE WELSH HOME — financial and operating metrics

CCN 366103, ROCKY RIVER, 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 bedsunverified797979
Total bed days availableunverified28,83528,83528,914
Total inpatient daysunverified25,97526,86627,200
Total patient revenue (gross charges)unverified$8,274,853$9,497,858$10,623,054
Contractual allowances and discountsunverified$445,487$1,001,312$1,566,279
Net patient revenueunverified$7,829,366$8,496,546$9,056,775
Total operating expensesunverified$9,412,274$10,248,207$10,680,721
Net income from service to patientsunverified$-1,582,908$-1,751,661$-1,623,946
Net income (loss) for the periodunverified$-377,447$-306,511$-1,285,753
Operating marginunverified-20.2%-20.6%-17.9%
Occupancy rateunverified90.1%93.2%94.1%
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