GRACEDALE NURSING HOME — financial and operating metrics

CCN 395476, NAZARETH, PA · 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 bedsunverified688688688
Total bed days availableunverified251,120251,120251,808
Total inpatient daysunverified149,393154,292158,749
Total patient revenue (gross charges)unverified$61,971,264$83,649,438$73,762,765
Contractual allowances and discountsunverified$-107,523$-125,358$-52,192
Net patient revenueunverified$62,078,787$83,774,796$73,814,957
Total operating expensesunverified$76,599,073$113,404,042$92,006,574
Net income from service to patientsunverified$-14,520,286$-29,629,246$-18,191,617
Net income (loss) for the periodunverified$-4,200,387$-21,986,675$-10,964,391
Operating marginunverified-23.4%-35.4%-24.6%
Occupancy rateunverified59.5%61.4%63.0%
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