HOSPICE OF NORTHEASTERN MICHIGAN — financial and operating metrics

CCN 231536, GAYLORD, 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$12,757,954$13,461,861$14,070,343$15,431,533$15,709,349$14,048,887
Contractual allowances and discountsunverified$6,199,372$5,771,223$4,648,537$4,904,437$3,386,719$356,299
Net patient revenueunverified$6,558,582$7,690,638$9,421,806$10,527,096$12,322,630$13,692,588
Total revenue, all sourcesunverified$10,929,749$11,480,137$12,280,166$100,451,724$167,634,225$162,042,405
Total operating expensesunverified$5,281,840$5,624,497$14,325,062$97,998,236$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 daysunverified55,37458,38961,22864,93673,91879,531
Operating marginunverified51.7%51.0%-16.7%2.4%3.0%1.4%
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