ALTERCARE NEWARK SOUTH — financial and operating metrics

CCN 366196, NEWARK, 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 bedsunverified575757
Total bed days availableunverified20,80520,80520,862
Total inpatient daysunverified10,14112,45813,012
Total patient revenue (gross charges)unverified$3,853,316$4,977,975$5,356,204
Contractual allowances and discountsunverified$823,336$1,245,381$1,322,279
Net patient revenueunverified$3,029,980$3,732,594$4,033,925
Total operating expensesunverified$3,941,272$4,430,076$4,562,855
Net income from service to patientsunverified$-911,292$-697,482$-528,930
Net income (loss) for the periodunverified$-588,668$-524,861$-494,142
Operating marginunverified-30.1%-18.7%-13.1%
Occupancy rateunverified48.7%59.9%62.4%
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