HOSPICE OF SOUTHEAST MICHIGAN — financial and operating metrics

CCN 231501, SOUTHFIELD, MI · Medicare cost reports, FY2020–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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total patient revenue (gross charges)unverified$21,646,292$24,218,483$22,612,112$30,287,206$31,066,197$24,099,808
Contractual allowances and discountsunverified$6,789,385$7,061,718$6,224,984$8,162,959$6,171,313$757,268
Net patient revenueunverified$14,856,907$17,156,765$16,387,128$22,124,247$24,894,884$23,342,540
Total revenue, all sourcesunverified$17,408,727$18,954,040$17,760,083$99,595,301$167,634,225$162,042,405
Total operating expensesunverified$11,760,818$13,098,400$19,804,979$97,141,813$162,611,950$159,816,409
Net income (loss) for the periodunverified$5,647,909$5,855,640$-2,044,896$2,453,488$5,022,275$2,225,996
Total hospice daysunverified93,527104,40698,411130,196143,880131,065
Operating marginunverified32.4%30.9%-11.5%2.5%3.0%1.4%
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