GAINESVILLE CONVALESCENT CENTER — financial and operating metrics

CCN 675067, GAINESVILLE, TX · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2022 (214 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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MetricFY2022
214d
FY2023FY2024
Total facility bedsunverified112112112
Total bed days availableunverified24,08040,88040,992
Total inpatient daysunverified10,33618,94218,278
Total patient revenue (gross charges)unverified$2,958,400$5,574,078$7,036,813
Contractual allowances and discountsunverified$29,644$481,090$1,983,446
Net patient revenueunverified$2,928,756$5,092,988$5,053,367
Total operating expensesunverified$3,732,766$4,345,950$4,660,086
Net income from service to patientsunverified$-804,010$747,038$393,281
Net income (loss) for the periodunverified$-643,986$1,533,198$683,359
Operating marginunverified-27.5%14.7%7.8%
Occupancy rateunverified42.9%46.3%44.6%
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