HOSPICE CARE OF SOUTHWEST MICHIGAN — financial and operating metrics

CCN 231505, KALAMAZOO, 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$40,995,379$49,412,247$51,294,202$55,134,043$41,011,491$37,888,746
Contractual allowances and discountsunverified$12,151,911$14,532,307$15,208,649$15,992,743$1,306,455$1,254,418
Net patient revenueunverified$28,843,468$34,879,940$36,085,553$39,141,300$39,705,036$36,634,328
Total revenue, all sourcesunverified$41,832,961$51,429,975$37,478,453$51,283,749$167,634,225$162,042,405
Total operating expensesunverified$35,495,199$42,326,130$48,753,988$51,442,304$162,611,950$159,816,409
Net income (loss) for the periodunverified$6,337,762$9,103,845$-11,275,535$-158,555$5,022,275$2,225,996
Total hospice daysunverified169,561204,258211,558227,666227,967201,782
Operating marginunverified15.2%17.7%-30.1%-0.3%3.0%1.4%
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