LIFE CARE CENTER OF FEDERAL WAY — financial and operating metrics

CCN 505188, FEDERAL WAY, WA · 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 bedsunverified157157157
Total bed days availableunverified57,30557,30557,462
Total inpatient daysunverified29,34233,35933,244
Total patient revenue (gross charges)unverified$13,913,909$17,273,983$18,664,082
Contractual allowances and discountsunverified$4,584,906$4,773,098$5,902,693
Net patient revenueunverified$9,329,003$12,500,885$12,761,389
Total operating expensesunverified$11,528,666$12,351,525$13,297,251
Net income from service to patientsunverified$-2,199,663$149,360$-535,862
Net income (loss) for the periodunverified$-1,800,473$504,296$-203,962
Operating marginunverified-23.6%1.2%-4.2%
Occupancy rateunverified51.2%58.2%57.9%
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