NORWOOD TOWERS POST ACUTE — financial and operating metrics

CCN 366238, NORWOOD, 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 bedsunverified90120120
Total bed days availableunverified32,85043,80043,920
Total inpatient daysunverified30,05635,01739,931
Total patient revenue (gross charges)unverified$7,839,689$12,805,586$15,990,185
Contractual allowances and discountsunverified$-267,752$2,267,292$3,526,317
Net patient revenueunverified$8,107,441$10,538,294$12,463,868
Total operating expensesunverified$8,459,940$10,162,470$11,868,209
Net income from service to patientsunverified$-352,499$375,824$595,659
Net income (loss) for the periodunverified$115,856$386,072$607,985
Operating marginunverified-4.3%3.6%4.8%
Occupancy rateunverified91.5%79.9%90.9%
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