MICHIGAN COMMUNITY VNA HOSPICE LLC — financial and operating metrics

CCN 231568, BINGHAM FARMS, 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$2,550,427$3,162,642$2,564,062$2,555,400$3,045,831$5,321,918
Contractual allowances and discountsunverified$5,420$5,549$1,508$16,329
Net patient revenueunverified$2,545,007$3,157,093$2,562,554$2,555,400$3,045,831$5,305,589
Total revenue, all sourcesunverified$2,828,739$3,237,153$2,629,067$2,690,758$3,134,348$5,527,274
Total operating expensesunverified$1,885,413$1,987,553$2,408,987$2,746,220$2,792,382$5,258,716
Net income (loss) for the periodunverified$943,326$1,249,600$220,080$-55,462$341,966$268,558
Total hospice daysunverified15,31818,76615,11215,27817,59730,047
Operating marginunverified33.3%38.6%8.4%-2.1%10.9%4.9%
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