HERITAGE TOWERS — financial and operating metrics

CCN 395520, DOYLESTOWN, 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 bedsunverified606060
Total bed days availableunverified21,90021,90021,960
Total inpatient daysunverified18,46018,88019,463
Total patient revenue (gross charges)unverified$20,036,042$21,112,101$21,852,591
Contractual allowances and discountsunverified$2,385,019$2,346,892$2,714,001
Net patient revenueunverified$17,651,023$18,765,209$19,138,590
Total operating expensesunverified$16,901,243$18,064,040$19,171,253
Net income from service to patientsunverified$749,780$701,169$-32,663
Net income (loss) for the periodunverified$-1,683,543$3,272,364$2,032,512
Operating marginunverified4.2%3.7%-0.2%
Occupancy rateunverified84.3%86.2%88.6%
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