SPRING GATE HEALTH & REHAB CENTER — financial and operating metrics

CCN 445220, MEMPHIS, TN · 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 bedsunverified206206206
Total bed days availableunverified75,19075,19075,396
Total inpatient daysunverified38,91343,28649,256
Total patient revenue (gross charges)unverified$17,156,068$21,433,793$25,622,730
Contractual allowances and discountsunverified$5,049,881$6,640,916$7,767,299
Net patient revenueunverified$12,106,187$14,792,877$17,855,431
Total operating expensesunverified$16,821,308$18,028,986$19,228,207
Net income from service to patientsunverified$-4,715,121$-3,236,109$-1,372,776
Net income (loss) for the periodunverified$-4,358,033$-2,194,221$-434,024
Operating marginunverified-38.9%-21.9%-7.7%
Occupancy rateunverified51.8%57.6%65.3%
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