LANCASTER LTC PARTNERS INC. — financial and operating metrics

CCN 675810, LANCASTER, TX · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2024 (181 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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MetricFY2022FY2023FY2024
181d
Total facility bedsunverified120120120
Total bed days availableunverified43,80043,80021,840
Total inpatient daysunverified14,33816,4068,947
Total patient revenue (gross charges)unverified$2,708,710$3,051,123$1,589,060
Contractual allowances and discountsunverified$389,126$170,634$-42,474
Net patient revenueunverified$2,319,584$2,880,489$1,631,534
Total operating expensesunverified$3,519,243$3,343,029$2,095,716
Net income from service to patientsunverified$-1,199,659$-462,540$-464,182
Net income (loss) for the periodunverified$-761,827$4,126$-249,111
Operating marginunverified-51.7%-16.1%-28.5%
Occupancy rateunverified32.7%37.5%41.0%
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