LAKERIDGE NURSING AND REHABILITATION — financial and operating metrics

CCN 675853, LUBBOCK, TX · Medicare cost reports, FY2022–FY2025

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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MetricFY2022FY2023FY2024FY2025
Total facility bedsunverified90909090
Total bed days availableunverified32,85032,85032,94030,150
Total inpatient daysunverified19,62722,24823,26722,604
Total patient revenue (gross charges)unverified$4,646,348$4,665,168$4,660,052$4,732,321
Contractual allowances and discountsunverified$52,045$52,045$-120,884$341,698
Net patient revenueunverified$4,594,303$4,613,123$4,780,936$4,390,623
Total operating expensesunverified$4,691,630$5,139,043$5,188,675$4,351,051
Net income from service to patientsunverified$-97,327$-525,920$-407,739$39,572
Net income (loss) for the periodunverified$75,354$-197,228$-69,355$266,874
Operating marginunverified-2.1%-11.4%-8.5%0.9%
Occupancy rateunverified59.7%67.7%70.6%75.0%
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