FREEDOM VILLAGE HEALTHCARE CENTER — financial and operating metrics

CCN 555391, LAKE FOREST, 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 bedsunverified118118118
Total bed days availableunverified43,07043,07043,188
Total inpatient daysunverified35,02734,44636,200
Total patient revenue (gross charges)unverified$28,322,503$12,969,587$13,804,613
Contractual allowances and discountsunverified$2,308,917$2,861,967$3,177,137
Net patient revenueunverified$26,013,586$10,107,620$10,627,476
Total operating expensesunverified$22,709,513$23,362,603$23,430,099
Net income from service to patientsunverified$3,304,073$-13,254,983$-12,802,623
Net income (loss) for the periodunverified$3,809,076$5,378,292$5,172,386
Operating marginunverified12.7%-131.1%-120.5%
Occupancy rateunverified81.3%80.0%83.8%
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