Share Convalescent Home profitable in December
January 28, 2018
The Share Convalescent Home had gross patient revenue for the month of December 2017 of $322,915, which was a $13,836 increase over the prior month. Patient days were up to 1,692 compared to 1,645 a month earlier.
The operating expenses for December, excluding salaries, benefits and depreciation was $116,252, a decrease of $1,704 compared to the prior month. Convalescent home salaries and wages for December totaled $159,022, which was a decrease of $1,645 compared to the prior month.
One reason the payroll was lower was because the facility lost several employees when the NWOSU semester en...