MAGNOLIA CREEK NURSING & REHAB — financial and operating metrics

CCN 445461, 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 bedsunverified156156156
Total bed days availableunverified56,94056,94057,096
Total inpatient daysunverified35,45132,11331,061
Total patient revenue (gross charges)unverified$10,779,411$9,884,406$10,294,989
Contractual allowances and discountsunverified$756,473$514,361$454,613
Net patient revenueunverified$10,022,938$9,370,045$9,840,376
Total operating expensesunverified$10,983,105$10,524,720$10,831,358
Net income from service to patientsunverified$-960,167$-1,154,675$-990,982
Net income (loss) for the periodunverified$738,686$-613,505$-1,018,223
Operating marginunverified-9.6%-12.3%-10.1%
Occupancy rateunverified62.3%56.4%54.4%
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