CCN 231562, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total patient revenue (gross charges)unverified | $3,299,154 | $4,496,350 | $2,682,545 | $3,542,957 | $4,045,427 | $3,125,349 |
| Contractual allowances and discountsunverified | $1,457 | $9,808 | $17,604 | $74,045 | $91,753 | $124,903 |
| Net patient revenueunverified | $3,297,697 | $4,486,542 | $2,664,941 | $3,468,912 | $3,953,674 | $3,000,446 |
| Total revenue, all sourcesunverified | $4,224,140 | $5,309,920 | $3,337,182 | $4,183,099 | $4,780,119 | $3,656,140 |
| Total operating expensesunverified | $3,559,171 | $4,637,130 | $3,887,664 | $4,678,140 | $4,914,735 | $4,630,979 |
| Net income (loss) for the periodunverified | $664,969 | $672,790 | $-550,482 | $-495,041 | $-134,616 | $-974,839 |
| Total hospice daysunverified | 18,083 | 23,181 | 13,543 | 15,409 | 16,341 | 11,308 |
| Operating marginunverified | 15.7% | 12.7% | -16.5% | -11.8% | -2.8% | -26.7% |