ALVARADO LTC PARTNERS INC. — financial and operating metrics

CCN 455601, ALVARADO, TX · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2024 (212 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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MetricFY2022FY2023FY2024
212d
Total facility bedsunverified115115115
Total bed days availableunverified41,97541,97524,495
Total inpatient daysunverified24,28824,04513,030
Total patient revenue (gross charges)unverified$5,453,140$5,001,635$2,420,329
Contractual allowances and discountsunverified$375,863$112,305$-205,079
Net patient revenueunverified$5,077,277$4,889,330$2,625,408
Total operating expensesunverified$5,077,985$5,547,001$2,929,796
Net income from service to patientsunverified$-708$-657,671$-304,388
Net income (loss) for the periodunverified$255,627$-203,521$-155,604
Operating marginunverified-0.0%-13.5%-11.6%
Occupancy rateunverified57.9%57.3%53.2%
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