SANDPIPER POST ACUTE — financial and operating metrics

CCN 425146, MT. PLEASANT, SC · Medicare cost reports, FY2021–FY2024

Short reporting period. FY2021 (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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MetricFY2021
63d
FY2022FY2023FY2024
Total facility bedsunverified176176176176
Total bed days availableunverified11,26464,24064,24064,416
Total inpatient daysunverified9,16255,91058,48158,309
Total patient revenue (gross charges)unverified$2,353,475$16,049,652$23,191,142$33,014,874
Contractual allowances and discountsunverified$-272,525$-1,927,094$4,741,677$12,697,384
Net patient revenueunverified$2,626,000$17,976,746$18,449,465$20,317,490
Total operating expensesunverified$3,126,487$20,850,953$18,742,950$19,454,335
Net income from service to patientsunverified$-500,487$-2,874,207$-293,485$863,155
Net income (loss) for the periodunverified$-500,486$-2,800,332$-291,089$864,608
Operating marginunverified-19.1%-16.0%-1.6%4.2%
Occupancy rateunverified81.3%87.0%91.0%90.5%
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