SNF COST REPORT · CCN 675650 · FY 2023

GARDEN TERRACE ALZHEIMERS CENTER

FORT WORTH, TX 76132 · Fiscal year ending 2023-09-30

120 bedsSNF
−$1.1M
TOTAL REVENUE
−$2.1M
OPERATING INCOME
OPERATING MARGIN
120
TOTAL BEDS
300
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$1.1M
Total costs
$967K
Operating income (rev − costs)
−$2.1M
Operating margin
Total charges
$2.2M
02 — UTILIZATION

Utilization

Total beds
120
Total inpatient days
11,866
Medicare days (Title XVIII)
2,457
Medicaid days (Title XIX)
Total discharges
300
03 — HISTORY

7-year trend

−$1.8M$673K$3.1M$5.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$4.9M−$3.0M120-60.7%
2018$5.6M−$3.3M120-60.0%
2019$5.1M−$4.2M120-82.8%
2020$3.8M−$3.3M120-86.6%
2021$3.1M−$3.6M120-117.0%
2022−$1.1M−$2.0M120185.2%
2023−$1.1M−$2.1M120185.8%