AVAMERE AT PACIFIC RIDGE — financial and operating metrics

CCN 505264, TACOMA, 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 bedsunverified102102102
Total bed days availableunverified37,23037,23037,332
Total inpatient daysunverified27,17828,12927,978
Total patient revenue (gross charges)unverified$11,094,443$12,181,553$12,236,592
Contractual allowances and discountsunverified$1,057,239$793,871$63,920
Net patient revenueunverified$10,037,204$11,387,682$12,172,672
Total operating expensesunverified$11,823,801$12,931,236$14,003,771
Net income from service to patientsunverified$-1,786,597$-1,543,554$-1,831,099
Net income (loss) for the periodunverified$79,541$597,222$-227,474
Operating marginunverified-17.8%-13.6%-15.0%
Occupancy rateunverified73.0%75.6%74.9%
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