FIRESIDE COVALESCENT HOSPITAL — financial and operating metrics

CCN 555039, SANTA MONICA, CA · 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 bedsunverified666666
Total bed days availableunverified24,09024,09024,156
Total inpatient daysunverified18,21321,32322,119
Total patient revenue (gross charges)unverified$10,921,159$13,005,924$14,400,983
Contractual allowances and discountsunverified$1,809,590$2,059,779$577,954
Net patient revenueunverified$9,111,569$10,946,145$13,823,029
Total operating expensesunverified$11,458,387$12,000,599$13,417,074
Net income from service to patientsunverified$-2,346,818$-1,054,454$405,955
Net income (loss) for the periodunverified$-2,244,096$-1,026,068$799,327
Operating marginunverified-25.8%-9.6%2.9%
Occupancy rateunverified75.6%88.5%91.6%
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