MCCORMICK REHABILITATION AND HEALTHC — financial and operating metrics

CCN 425171, MCCORMICK, 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 bedsunverified120120120
Total bed days availableunverified43,80043,80043,920
Total inpatient daysunverified32,03938,74239,912
Total patient revenue (gross charges)unverified$11,121,704$13,398,731$15,179,699
Contractual allowances and discountsunverified$2,286,142$3,986,823$4,870,408
Net patient revenueunverified$8,835,562$9,411,908$10,309,291
Total operating expensesunverified$9,658,304$10,676,936$10,931,626
Net income from service to patientsunverified$-822,742$-1,265,028$-622,335
Net income (loss) for the periodunverified$-751,035$-1,252,608$-622,697
Operating marginunverified-9.3%-13.4%-6.0%
Occupancy rateunverified73.1%88.5%90.9%
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