COVINGTON CARE NURSING AND REHABILIT — financial and operating metrics

CCN 445330, COVINGTON, 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 bedsunverified989898
Total bed days availableunverified35,77035,77035,868
Total inpatient daysunverified25,52828,30828,584
Total patient revenue (gross charges)unverified$10,161,271$10,646,958$11,841,503
Contractual allowances and discountsunverified$2,105,100$1,782,186$2,364,815
Net patient revenueunverified$8,056,171$8,864,772$9,476,688
Total operating expensesunverified$9,246,397$9,906,222$11,417,732
Net income from service to patientsunverified$-1,190,226$-1,041,450$-1,941,044
Net income (loss) for the periodunverified$-254,613$211,205$19,650,773
Operating marginunverified-14.8%-11.7%-20.5%
Occupancy rateunverified71.4%79.1%79.7%
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