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This document serves as a financial and statistical report for the Arlington Rehab & Living Center for the fiscal year 2005, fulfilling mandatory disclosure requirements and detailing various financial

How to fill out financial and statistical report

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

1. Gather all necessary financial data for the reporting period.
2. Complete the income section by entering revenue from patient services, government funding, and other sources.
3. Document all expenses, including staff salaries, operating expenses, and any other costs associated with the facility.
4. Calculate the total profit or loss by subtracting total expenses from total revenue.
5. Fill in statistical data such as the number of residents, occupancy rates, and staff-to-resident ratios.
6. Review the report for accuracy and completeness before submission.
7. Submit the completed report to the appropriate state or federal agency according to their guidelines.

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

1. Long-term care facilities such as nursing homes and assisted living centers.
2. Regulatory agencies that oversee healthcare and long-term care services.
3. Investors and stakeholders interested in the financial health of the facility.
4. Management teams within long-term care facilities for internal assessment and planning.

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 document that provides a comprehensive overview of the financial operations and performance statistics of long-term care facilities. It includes financial data, operational metrics, and other relevant information to assess the facility's efficiency and sustainability.

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

Long-term care facilities that receive state or federal funding or are licensed under applicable state laws are typically required to file the Financial and Statistical Report. This may include nursing homes, assisted living facilities, and other similar institutions.

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

To fill out the Financial and Statistical Report, facilities need to gather required financial data, including revenue, expenses, occupancy rates, and staffing information. They should follow the provided guidelines and templates, ensuring that all sections are completed accurately and submitted by the designated deadline.

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

The purpose of the Financial and Statistical Report is to ensure transparency and accountability in the operation of long-term care facilities. It allows regulatory bodies to monitor financial stability, assess compliance with funding requirements, and collect data for research and policy-making.

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

The information that must be reported includes revenue sources (such as Medicare and Medicaid), total expenses, patient care statistics (like occupancy rates), staffing levels, and any additional operational metrics that reflect the facility's performance and service delivery.