SOMERSET PATRIOT MANOR INC — financial and operating metrics

CCN 395840, SOMERSET, PA · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2024 (212 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
212d
Total facility bedsunverified100100100
Total bed days availableunverified36,50036,50021,300
Total inpatient daysunverified23,77127,22815,628
Total patient revenue (gross charges)unverified$8,947,995$10,866,173$6,454,449
Contractual allowances and discountsunverified$1,690,402$1,670,091$786,113
Net patient revenueunverified$7,257,593$9,196,082$5,668,336
Total operating expensesunverified$9,175,352$10,097,256$5,579,268
Net income from service to patientsunverified$-1,917,759$-901,174$89,068
Net income (loss) for the periodunverified$-1,497,221$-598,625$298,045
Operating marginunverified-26.4%-9.8%1.6%
Occupancy rateunverified65.1%74.6%73.4%
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