FALLS VILLAGE RETIREMENT COMMUNITY — financial and operating metrics

CCN 366222, CUYAHOGA FALLS, 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 bedsunverified104108108
Total bed days availableunverified37,96039,15639,528
Total inpatient daysunverified27,68226,58728,199
Total patient revenue (gross charges)unverified$8,850,693$10,065,584$13,477,147
Contractual allowances and discountsunverified$21,682$1,358,651$3,863,668
Net patient revenueunverified$8,829,011$8,706,933$9,613,479
Total operating expensesunverified$10,957,793$11,874,340$11,650,660
Net income from service to patientsunverified$-2,128,782$-3,167,407$-2,037,181
Net income (loss) for the periodunverified$-1,683,504$-2,557,273$-1,993,238
Operating marginunverified-24.1%-36.4%-21.2%
Occupancy rateunverified72.9%67.9%71.3%
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