LUTHER CREST NURSING FACILITY — financial and operating metrics

CCN 395591, ALLENTOWN, 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 bedsunverified36836860
Total bed days availableunverified134,320134,32021,960
Total inpatient daysunverified115,058115,17719,986
Total patient revenue (gross charges)unverified$17,952,213$18,425,325$16,358,681
Contractual allowances and discountsunverified$7,463,341$7,445,989$6,934,824
Net patient revenueunverified$10,488,872$10,979,336$9,423,857
Total operating expensesunverified$25,643,441$24,774,895$27,168,504
Net income from service to patientsunverified$-15,154,569$-13,795,559$-17,744,647
Net income (loss) for the periodunverified$778,998$2,502,231$17,148,109
Operating marginunverified-144.5%-125.7%-188.3%
Occupancy rateunverified85.7%85.7%91.0%
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