CCN 237203, GRAND RAPIDS, MI · Medicare cost reports, FY2022–FY2025
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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| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Total home health visitsunverified | 55,350 | 61,544 | 63,688 | 75,273 |
| Total patient revenue (gross charges)unverified | $14,699,154 | $17,370,917 | $21,374,546 | $24,604,539 |
| Contractual allowances and discountsunverified | $300,000 | $351,223 | $519,141 | $795,927 |
| Net patient revenueunverified | $14,399,154 | $17,019,694 | $20,855,405 | $23,808,612 |
| Total operating expensesunverified | $12,467,263 | $14,578,451 | $16,583,114 | $19,708,378 |
| Net income from service to patientsunverified | $1,931,891 | $2,441,243 | $4,272,291 | $4,100,234 |
| Net income (loss) for the periodunverified | $1,932,125 | $2,452,333 | $4,394,370 | $4,195,113 |
| Operating marginunverified | 13.4% | 14.3% | 20.5% | 17.2% |
| Net revenue per visitunverified | $260 | $277 | $327 | $316 |