THE PALMS NURSING & REHABILITATION — financial and operating metrics

CCN 455557, CORPUS CHRISTI, TX · 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 bedsunverified204204204
Total bed days availableunverified74,46074,46074,664
Total inpatient daysunverified37,60837,50437,773
Total patient revenue (gross charges)unverified$7,523,617$7,172,365$7,896,083
Contractual allowances and discountsunverified$513,810$220,307$229,345
Net patient revenueunverified$7,009,807$6,952,058$7,666,738
Total operating expensesunverified$7,498,253$7,228,387$7,545,898
Net income from service to patientsunverified$-488,446$-276,329$120,840
Net income (loss) for the periodunverified$789,222$1,000,513$823,364
Operating marginunverified-7.0%-4.0%1.6%
Occupancy rateunverified50.5%50.4%50.6%
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