COTTESMORE OF LIFE CARE — financial and operating metrics

CCN 505499, GIG HARBOR, 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 bedsunverified108108108
Total bed days availableunverified39,42039,42039,528
Total inpatient daysunverified28,08631,85735,003
Total patient revenue (gross charges)unverified$18,240,029$20,580,628$24,860,644
Contractual allowances and discountsunverified$6,090,088$6,284,905$7,165,593
Net patient revenueunverified$12,149,941$14,295,723$17,695,051
Total operating expensesunverified$12,888,395$14,618,343$16,590,373
Net income from service to patientsunverified$-738,454$-322,620$1,104,678
Net income (loss) for the periodunverified$-530,527$-248,668$1,147,473
Operating marginunverified-6.1%-2.3%6.2%
Occupancy rateunverified71.2%80.8%88.6%
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