WINGS OF HOPE HOSPICE & PALLIATIVE — financial and operating metrics

CCN 231547, ALLEGAN, 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$2,293,456$2,622,725$3,018,685$4,164,259$4,954,475$5,353,796
Contractual allowances and discountsunverified$11,054$132,576$104,215$95,150
Net patient revenueunverified$2,282,402$2,622,725$3,018,685$4,031,683$4,850,260$5,258,646
Total revenue, all sourcesunverified$3,664,958$3,488,763$3,754,025$4,864,525$5,481,549$5,936,218
Total operating expensesunverified$3,230,838$3,495,081$3,809,711$4,812,254$5,151,921$5,628,018
Net income (loss) for the periodunverified$434,120$-6,318$-55,686$52,271$329,628$308,200
Total hospice daysunverified13,12810,79228,00023,97830,51429,949
Operating marginunverified11.8%-0.2%-1.5%1.1%6.0%5.2%
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