RIDGECREST RETIREMENT & HEALTHCARE — financial and operating metrics

CCN 455670, WACO, 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 bedsunverified909090
Total bed days availableunverified32,85032,85032,940
Total inpatient daysunverified23,25425,09223,481
Total patient revenue (gross charges)unverified$9,332,001$9,258,596$8,030,652
Contractual allowances and discountsunverified$2,763,559$2,741,515$2,437,124
Net patient revenueunverified$6,568,442$6,517,081$5,593,528
Total operating expensesunverified$7,235,973$7,519,298$6,810,739
Net income from service to patientsunverified$-667,531$-1,002,217$-1,217,211
Net income (loss) for the periodunverified$-347,283$-645,792$-1,018,715
Operating marginunverified-10.2%-15.4%-21.8%
Occupancy rateunverified70.8%76.4%71.3%
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