WESTMINSTER CANTERBURY ON CHESAPEAK — financial and operating metrics

CCN 495127, VIRGINIA BEACH, 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 bedsunverified108108108
Total bed days availableunverified39,42039,42039,528
Total inpatient daysunverified29,33533,80635,210
Total patient revenue (gross charges)unverified$51,400,339$62,762,053$65,364,893
Contractual allowances and discountsunverified$13,471,964$20,818,117$21,780,281
Net patient revenueunverified$37,928,375$41,943,936$43,584,612
Total operating expensesunverified$53,908,724$57,455,219$61,361,287
Net income from service to patientsunverified$-15,980,349$-15,511,283$-17,776,675
Net income (loss) for the periodunverified$-4,558,818$7,784,487$3,451,020
Operating marginunverified-42.1%-37.0%-40.8%
Occupancy rateunverified74.4%85.8%89.1%
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