ATLANTIC SHORES — financial and operating metrics

CCN 495324, 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 bedsunverified505050
Total bed days availableunverified18,25018,25018,300
Total inpatient daysunverified12,29913,04814,236
Total patient revenue (gross charges)unverified$30,166,396$31,803,746$34,855,948
Contractual allowances and discountsunverified$2,304,866$1,733,181$1,268,461
Net patient revenueunverified$27,861,530$30,070,565$33,587,487
Total operating expensesunverified$36,144,774$39,377,499$41,650,737
Net income from service to patientsunverified$-8,283,244$-9,306,934$-8,063,250
Net income (loss) for the periodunverified$1,578,277$5,126,560$7,425,637
Operating marginunverified-29.7%-31.0%-24.0%
Occupancy rateunverified67.4%71.5%77.8%
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