MORRISONS COVE HOME — financial and operating metrics

CCN 395563, MARTINSBURG, 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 bedsunverified164164164
Total bed days availableunverified59,86059,86060,024
Total inpatient daysunverified38,09037,55739,233
Total patient revenue (gross charges)unverified$12,864,579$12,796,074$13,174,782
Contractual allowances and discountsunverified$5,030,955$3,269,964$3,641,771
Net patient revenueunverified$7,833,624$9,526,110$9,533,011
Total operating expensesunverified$13,506,963$14,320,810$15,913,430
Net income from service to patientsunverified$-5,673,339$-4,794,700$-6,380,419
Net income (loss) for the periodunverified$-2,005,110$-466,555$1,568,380
Operating marginunverified-72.4%-50.3%-66.9%
Occupancy rateunverified63.6%62.7%65.4%
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