THE LAURELS OF UNIVERSITY PARK — financial and operating metrics

CCN 495109, RICHMOND, VA · 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 bedsunverified145145145
Total bed days availableunverified52,92552,92553,070
Total inpatient daysunverified49,69047,33048,701
Total patient revenue (gross charges)unverified$20,451,814$21,806,906$25,078,700
Contractual allowances and discountsunverified$4,228,968$4,805,924$6,628,416
Net patient revenueunverified$16,222,846$17,000,982$18,450,284
Total operating expensesunverified$14,928,118$17,431,945$18,701,414
Net income from service to patientsunverified$1,294,728$-430,963$-251,130
Net income (loss) for the periodunverified$1,471,294$200,117$-246,953
Operating marginunverified8.0%-2.5%-1.4%
Occupancy rateunverified93.9%89.4%91.8%
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