LAKERIDGE ACRES NURSING & REHAB — financial and operating metrics

CCN 366145, 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 bedsunverified1009999
Total bed days availableunverified36,50036,13536,234
Total inpatient daysunverified31,43134,21433,218
Total patient revenue (gross charges)unverified$8,320,043$11,029,515$11,978,209
Contractual allowances and discountsunverified$696,957$673,199$1,097,364
Net patient revenueunverified$7,623,086$10,356,316$10,880,845
Total operating expensesunverified$8,970,411$9,031,295$9,401,373
Net income from service to patientsunverified$-1,347,325$1,325,021$1,479,472
Net income (loss) for the periodunverified$-951,257$2,167,312$1,479,472
Operating marginunverified-17.7%12.8%13.6%
Occupancy rateunverified86.1%94.7%91.7%
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