SOUTHERN SPECIALTY REHAB & NURSING — financial and operating metrics

CCN 676028, LUBBOCK, TX · Medicare cost reports, FY2022–FY2025

Short reporting period. FY2022 (89 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
89d
FY2023FY2024FY2025
Total facility bedsunverified144144144144
Total bed days availableunverified12,96052,56052,70452,560
Total inpatient daysunverified7,10429,10827,44226,016
Total patient revenue (gross charges)unverified$1,845,886$7,296,837$7,492,675$7,394,478
Contractual allowances and discountsunverified$86,016$672,938$956,788$251,929
Net patient revenueunverified$1,759,870$6,623,899$6,535,887$7,142,549
Total operating expensesunverified$1,915,109$7,988,441$8,132,871$7,788,538
Net income from service to patientsunverified$-155,239$-1,364,542$-1,596,984$-645,989
Net income (loss) for the periodunverified$185,555$247,300$-448,849$195,388
Operating marginunverified-8.8%-20.6%-24.4%-9.0%
Occupancy rateunverified54.8%55.4%52.1%49.5%
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