MICHIGAN PALLIATIVE & HOSPICE CARE — financial and operating metrics

CCN 231518, FARMINGTON HILLS, 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$301,480$2,868,343$2,596,842$3,757,954$3,969,882$4,550,688
Net patient revenueunverified$301,480$2,868,343$2,596,842$3,757,954$3,969,882$4,550,688
Total revenue, all sourcesunverified$301,480$2,868,343$2,596,842$3,757,954$4,219,882$4,900,688
Total operating expensesunverified$97,431$2,209,236$2,919,249$3,260,434$3,369,242$4,138,989
Net income (loss) for the periodunverified$204,049$659,107$-322,407$497,520$850,640$761,699
Total hospice daysunverified1,57217,79318,40522,29523,21025,980
Operating marginunverified67.7%23.0%-12.4%13.2%20.2%15.5%
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See pricing · How we derive these numbers