GRANDVIEW CENTER — financial and operating metrics

CCN 415020, CUMBERLAND, RI · 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 bedsunverified727272
Total bed days availableunverified26,28026,28026,352
Total inpatient daysunverified23,31924,06124,723
Total patient revenue (gross charges)unverified$11,458,404$12,568,683$13,236,371
Contractual allowances and discountsunverified$3,577,344$3,816,600$3,646,961
Net patient revenueunverified$7,881,060$8,752,083$9,589,410
Total operating expensesunverified$9,797,195$10,355,850$9,751,792
Net income from service to patientsunverified$-1,916,135$-1,603,767$-162,382
Net income (loss) for the periodunverified$-1,904,627$-1,312,269$-64,282
Operating marginunverified-24.3%-18.3%-1.7%
Occupancy rateunverified88.7%91.6%93.8%
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