LAKE MARION NURSING FACILITY — financial and operating metrics

CCN 425300, SUMMERTON, 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 bedsunverified888888
Total bed days availableunverified32,12032,12032,208
Total inpatient daysunverified25,56426,57528,140
Total patient revenue (gross charges)unverified$8,237,816$8,515,765$10,217,856
Contractual allowances and discountsunverified$992,218$756,666$1,236,835
Net patient revenueunverified$7,245,598$7,759,099$8,981,021
Total operating expensesunverified$7,886,918$8,118,932$8,791,759
Net income from service to patientsunverified$-641,320$-359,833$189,262
Net income (loss) for the periodunverified$-224,930$1,633,087$235,850
Operating marginunverified-8.9%-4.6%2.1%
Occupancy rateunverified79.6%82.7%87.4%
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