WESTMINSTER AT LAKE RIDGE — financial and operating metrics

CCN 495280, LAKE RIDGE, 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 bedsunverified335335335
Total bed days availableunverified122,275122,275122,610
Total inpatient daysunverified101,410103,164111,593
Total patient revenue (gross charges)unverified$28,076,096$30,101,623$31,149,141
Contractual allowances and discountsunverified$2,126,377$1,748,903$1,974,720
Net patient revenueunverified$25,949,719$28,352,720$29,174,421
Total operating expensesunverified$28,808,605$31,870,893$32,350,637
Net income from service to patientsunverified$-2,858,886$-3,518,173$-3,176,216
Net income (loss) for the periodunverified$-3,710,930$-1,265,161$-1,456,987
Operating marginunverified-11.0%-12.4%-10.9%
Occupancy rateunverified82.9%84.4%91.0%
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