RIDGEWOOD CARE CENTER — financial and operating metrics

CCN 525608, RACINE, WI · 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 bedsunverified200200200
Total bed days availableunverified73,00073,00073,200
Total inpatient daysunverified39,18338,06934,154
Total patient revenue (gross charges)unverified$13,852,811$15,021,539$14,161,619
Contractual allowances and discountsunverified$1,150,367$856,408$717,574
Net patient revenueunverified$12,702,444$14,165,131$13,444,045
Total operating expensesunverified$12,413,912$12,918,514$12,937,127
Net income from service to patientsunverified$288,532$1,246,617$506,918
Net income (loss) for the periodunverified$351,616$1,276,451$533,050
Operating marginunverified2.3%8.8%3.8%
Occupancy rateunverified53.7%52.1%46.7%
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