SHIPPENVILLE HEALTHCARE AND REHAB — financial and operating metrics

CCN 395607, SHIPPENVILLE, PA · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2024 (63 days) covers less than a full year, usually because the facility changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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
63d
Total facility bedsunverified120120120
Total bed days availableunverified43,80043,8007,680
Total inpatient daysunverified39,15437,3235,512
Total patient revenue (gross charges)unverified$15,277,012$13,403,712$1,839,113
Contractual allowances and discountsunverified$5,469,423$3,891,890$117,606
Net patient revenueunverified$9,807,589$9,511,822$1,721,507
Total operating expensesunverified$10,784,171$12,297,618$1,607,026
Net income from service to patientsunverified$-976,582$-2,785,796$114,481
Net income (loss) for the periodunverified$207,588$-1,247,530$86,717
Operating marginunverified-10.0%-29.3%6.7%
Occupancy rateunverified89.4%85.2%71.8%
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