PALISADE HEALTHCARE CENTER — financial and operating metrics

CCN 435115, GARRETSON, SD · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2023 (122 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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MetricFY2022FY2023
122d
FY2024
Total facility bedsunverified555555
Total bed days availableunverified20,0756,76520,130
Total inpatient daysunverified16,5135,64917,818
Total patient revenue (gross charges)unverified$7,494,542$2,297,762$7,363,893
Contractual allowances and discountsunverified$2,453,415$526,684$1,759,299
Net patient revenueunverified$5,041,127$1,771,078$5,604,594
Total operating expensesunverified$4,838,869$1,653,648$5,526,961
Net income from service to patientsunverified$202,258$117,430$77,633
Net income (loss) for the periodunverified$262,275$117,605$98,120
Operating marginunverified4.0%6.6%1.4%
Occupancy rateunverified82.3%83.5%88.5%
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