CCN 231511, FARMINGTON HILLS, MI · Medicare cost reports, FY2018–FY2023
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 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 |
|---|---|---|---|---|---|---|
| Total patient revenue (gross charges)unverified | $8,328,666 | $9,717,651 | $9,582,716 | $9,173,309 | $9,138,588 | $9,653,497 |
| Contractual allowances and discountsunverified | — | $330,219 | $348,923 | $104,899 | $176,604 | $553,512 |
| Net patient revenueunverified | $8,328,666 | $9,387,432 | $9,233,793 | $9,068,410 | $8,961,984 | $9,099,985 |
| Total revenue, all sourcesunverified | $8,328,666 | $11,289,459 | $11,416,645 | $9,981,898 | $9,882,956 | $9,964,642 |
| Total operating expensesunverified | $7,596,099 | $10,363,690 | $9,896,915 | $8,652,097 | $9,265,658 | $9,206,047 |
| Net income (loss) for the periodunverified | $732,567 | $925,769 | $1,519,730 | $1,329,801 | $617,298 | $758,595 |
| Total hospice daysunverified | 48,865 | 56,408 | 54,023 | 50,438 | 51,336 | 50,978 |
| Operating marginunverified | 8.8% | 8.2% | 13.3% | 13.3% | 6.2% | 7.6% |