THE CHESAPEAKE — financial and operating metrics

CCN 495397, NEWPORT NEWS, 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 bedsunverified644644644
Total bed days availableunverified235,060235,060235,704
Total inpatient daysunverified155,542129,500154,246
Total patient revenue (gross charges)unverified$24,600,910$27,305,764$28,925,195
Contractual allowances and discountsunverified$31,562$329,746$732,371
Net patient revenueunverified$24,569,348$26,976,018$28,192,824
Total operating expensesunverified$27,714,734$30,260,423$31,452,123
Net income from service to patientsunverified$-3,145,386$-3,284,405$-3,259,299
Net income (loss) for the periodunverified$-2,323,415$-1,064,475$-799,527
Operating marginunverified-12.8%-12.2%-11.6%
Occupancy rateunverified66.2%55.1%65.4%
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