THE SPRINGS NURSING CENTER — financial and operating metrics

CCN 495220, HOT SPRINGS, 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 bedsunverified606060
Total bed days availableunverified21,90021,90021,960
Total inpatient daysunverified20,84520,20720,588
Total patient revenue (gross charges)unverified$6,940,813$7,042,889$7,249,993
Contractual allowances and discountsunverified$884,196$666,341$544,640
Net patient revenueunverified$6,056,617$6,376,548$6,705,353
Total operating expensesunverified$6,245,465$6,461,512$6,727,173
Net income from service to patientsunverified$-188,848$-84,964$-21,820
Net income (loss) for the periodunverified$-168,956$-63,514$7,466
Operating marginunverified-3.1%-1.3%-0.3%
Occupancy rateunverified95.2%92.3%93.8%
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