MAGNOLIA MANOR OF SPARTANBURG — financial and operating metrics

CCN 425091, SPARTANBURG, SC · 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 bedsunverified959595
Total bed days availableunverified34,67534,67534,770
Total inpatient daysunverified30,73130,50430,941
Total patient revenue (gross charges)unverified$10,398,098$10,206,266$13,086,506
Contractual allowances and discountsunverified$2,515,589$2,111,016$4,717,053
Net patient revenueunverified$7,882,509$8,095,250$8,369,453
Total operating expensesunverified$7,805,551$7,954,832$7,816,550
Net income from service to patientsunverified$76,958$140,418$552,903
Net income (loss) for the periodunverified$952,332$338,940$718,309
Operating marginunverified1.0%1.7%6.6%
Occupancy rateunverified88.6%88.0%89.0%
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