COVENANT WOODS NURSING HOME — financial and operating metrics

CCN 495419, MECHANICSVILLE, VA · Medicare cost reports, FY2023–FY2025

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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MetricFY2023FY2024FY2025
Total facility bedsunverified122122122
Total bed days availableunverified44,53044,65244,530
Total inpatient daysunverified33,25437,79738,277
Total patient revenue (gross charges)unverified$25,124,483$28,228,993$30,549,639
Contractual allowances and discountsunverified$3,850,690$3,389,047$3,468,065
Net patient revenueunverified$21,273,793$24,839,946$27,081,574
Total operating expensesunverified$36,827,015$37,131,740$38,392,476
Net income from service to patientsunverified$-15,553,222$-12,291,794$-11,310,902
Net income (loss) for the periodunverified$-8,167,204$2,105,170$202,720
Operating marginunverified-73.1%-49.5%-41.8%
Occupancy rateunverified74.7%84.6%86.0%
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