ELDERWOOD OF SCALLOP SHELL AT WAKEF — financial and operating metrics

CCN 415057, PEACE DALE, 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 bedsunverified808080
Total bed days availableunverified29,20029,20029,280
Total inpatient daysunverified17,77120,18223,318
Total patient revenue (gross charges)unverified$9,251,567$9,240,901$10,882,708
Contractual allowances and discountsunverified$2,335,575$1,051,869$1,268,946
Net patient revenueunverified$6,915,992$8,189,032$9,613,762
Total operating expensesunverified$9,527,739$11,121,993$11,939,482
Net income from service to patientsunverified$-2,611,747$-2,932,961$-2,325,720
Net income (loss) for the periodunverified$-1,461,850$-2,763,499$-2,261,650
Operating marginunverified-37.8%-35.8%-24.2%
Occupancy rateunverified60.9%69.1%79.6%
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