THE SPRINGS HC CTR AT THE CARLOTTA — financial and operating metrics

CCN 555226, PALM DESERT, CA · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2023 (274 days) covers less than a full year, usually because the facility changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2022FY2023
274d
FY2024
Total facility bedsunverified2835959
Total bed days availableunverified103,29516,22521,594
Total inpatient daysunverified86,3199,82613,983
Total patient revenue (gross charges)unverified$14,206,957$7,453,959$11,029,762
Contractual allowances and discountsunverified$565,217$1,119,735$1,682,508
Net patient revenueunverified$13,641,740$6,334,224$9,347,254
Total operating expensesunverified$18,230,579$5,697,364$8,216,025
Net income from service to patientsunverified$-4,588,839$636,860$1,131,229
Net income (loss) for the periodunverified$-2,892,558$636,882$1,131,693
Operating marginunverified-33.6%10.1%12.1%
Occupancy rateunverified83.6%60.6%64.8%
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