WEIRTON GERIATRIC CENTER — financial and operating metrics

CCN 515037, WEIRTON, WV · 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 bedsunverified137137137
Total bed days availableunverified50,00550,00550,142
Total inpatient daysunverified41,64543,22045,837
Total patient revenue (gross charges)unverified$18,566,735$20,969,519$22,905,731
Contractual allowances and discountsunverified$961,640$816,711$1,016,130
Net patient revenueunverified$17,605,095$20,152,808$21,889,601
Total operating expensesunverified$16,599,761$18,209,259$20,002,371
Net income from service to patientsunverified$1,005,334$1,943,549$1,887,230
Net income (loss) for the periodunverified$1,723,988$2,725,047$3,577,845
Operating marginunverified5.7%9.6%8.6%
Occupancy rateunverified83.3%86.4%91.4%
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