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This document serves as a comprehensive financial and statistical report detailing the operations, expenses, and revenue of the Hillsboro Healthcare Center for the fiscal year 2002, required by the

How to fill out financial and statistical report

How to fill out Financial and Statistical Report for Long-Term Care Facilities

1. Gather necessary financial documents: Collect all relevant financial records, including revenue, expenses, and payroll information.
2. Understand the reporting format: Review the required format for the Financial and Statistical Report specific to your jurisdiction.
3. Input revenue figures: Begin by entering total revenue from all sources such as patient fees, government funding, and grants.
4. Record expenses: Detail all incurred expenses, including operational costs, salaries, and supplies, itemized accordingly.
5. Calculate statistical data: Include required statistical information such as resident census, occupancy rates, and staffing levels.
6. Review compliance requirements: Ensure that all reported figures comply with local regulations and standards for long-term care facilities.
7. Double-check calculations: Verify all entries for accuracy to avoid discrepancies that could lead to penalties.
8. Submit the completed report: File the report with the appropriate governing body by the designated deadline.

Who needs Financial and Statistical Report for Long-Term Care Facilities?

1. Long-term care facilities that provide services to elderly or disabled individuals.
2. Financial analysts assessing the financial viability of care facilities.
3. Regulatory agencies that monitor compliance for funding and service standards.
4. Stakeholders and investors seeking insight into facility performance.

People Also Ask about

What percentage of people age 75 to 84 live in nursing homes?

ing to their national study of long-term care providers: 38.6% of nursing home residents are older than 85. 26.7% of residents are between 75 and 84.

What percentage of people with long-term care insurance actually use it?

So, 35% will use their coverage and 65% will not. As you might assume, the decline is because during those first 90 days, some people will recover and some will die.

What is the financial impact of long-term care in the United States?

In the U.S., long-term care costs individuals and their families thousands of dollars annually, with nursing home care often costing more than $100,000 a year (Exhibit 1). Given that many who use these services will need it for at least one year, costs can quickly become burdensome.

What is the average daily rate for long-term care?

ing to Genworth's estimates, the median cost of a private room in a nursing home is $339 per day or $10,326 per month in 2025. Semiprivate rooms are more affordable, with a median cost of $302 per day or $9,197 monthly.

How much does a home nurse cost per day?

Homemaker Services Costs By State StateHome Care Median Hourly RateHome Care Daily Rate / 8 hours California $38.19 $240 Colorado $37.13 $233 Connecticut $32.89 $207 Delaware $25.46 $16048 more rows

What does long-term care cost per day?

Consider the national median costs for long-term care services²: $255 a day(or $7,756 per month) for a semi-private room in a nursing home. $290 a day (or $8,821 per month) for a private room in a nursing home. $141 a day (or $4,300 per month) in an assisted living facility.

How much does Medicare pay for long-term nursing home care?

Long-term care Long-term supports and services can be provided at home, in the community, in assisted living, or in nursing homes. Individuals may need long-term supports and services at any age. Medicare and most health insurance plans don't pay for long-term care.

What are typical long-term care premiums?

How much is long-term care insurance? ing to the 2024 American Association for Long-Term Care Insurance (AALTCI) annual Price Index survey, the average annual premium for a $165,000-benefit policy with no inflation protection is $950 for a single male (age 55) and $1,500 for a single female (age 55).

For pdfFiller’s FAQs

What is Financial and Statistical Report for Long-Term Care Facilities?

The Financial and Statistical Report for Long-Term Care Facilities is a standardized form used to collect financial and operational data from long-term care facilities to ensure compliance with regulatory requirements and to inform policy decisions.

Who is required to file Financial and Statistical Report for Long-Term Care Facilities?

All licensed long-term care facilities, including nursing homes and assisted living centers, are required to file the Financial and Statistical Report to provide transparency and accountability in their financial operations.

How to fill out Financial and Statistical Report for Long-Term Care Facilities?

To fill out the report, facilities must gather financial data such as revenues, expenses, and patient statistics. They should follow the provided instructions, ensuring accurate entry of figures in designated sections and submit it by the specified deadline.

What is the purpose of Financial and Statistical Report for Long-Term Care Facilities?

The purpose of the report is to collect data that helps assess the financial health of long-term care facilities, analyze service delivery, and support budgeting and reimbursement processes.

What information must be reported on Financial and Statistical Report for Long-Term Care Facilities?

Facilities must report financial information including revenues, expenditures, occupancy rates, patient demographics, and other operational statistics relevant to the facility's performance.