OCEAN PARK HEALTHCARE — financial and operating metrics

CCN 555786, 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 bedsunverified414141
Total bed days availableunverified14,96514,96515,006
Total inpatient daysunverified13,94814,09113,905
Total patient revenue (gross charges)unverified$7,130,131$8,057,345$8,470,239
Contractual allowances and discountsunverified$-187,891$1,075,436$1,056,782
Net patient revenueunverified$7,318,022$6,981,909$7,413,457
Total operating expensesunverified$5,394,938$6,889,948$6,859,991
Net income from service to patientsunverified$1,923,084$91,961$553,466
Net income (loss) for the periodunverified$1,634,216$-248,184$208,256
Operating marginunverified26.3%1.3%7.5%
Occupancy rateunverified93.2%94.2%92.7%
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