WADSWORTH POINTE HEALTHCARE GRP INC — financial and operating metrics

CCN 366237, WADSWORTH, 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 bedsunverified717171
Total bed days availableunverified25,91525,91525,986
Total inpatient daysunverified19,05322,99022,540
Total patient revenue (gross charges)unverified$6,164,565$7,149,711$7,409,211
Contractual allowances and discountsunverified$1,357,750$815,545$951,008
Net patient revenueunverified$4,806,815$6,334,166$6,458,203
Total operating expensesunverified$6,869,859$7,533,365$7,884,719
Net income from service to patientsunverified$-2,063,044$-1,199,199$-1,426,516
Net income (loss) for the periodunverified$-626,522$-874,546$-1,413,711
Operating marginunverified-42.9%-18.9%-22.1%
Occupancy rateunverified73.5%88.7%86.7%
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