CCN 231579, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total patient revenue (gross charges)unverified | $21,680,219 | $18,381,597 | $17,239,418 | $17,468,728 | $18,110,419 | $15,285,391 |
| Contractual allowances and discountsunverified | $3,558,275 | $344,500 | $1,147,191 | $825,039 | $110,703 | $556,951 |
| Net patient revenueunverified | $18,121,944 | $18,037,097 | $16,092,227 | $16,643,689 | $17,999,716 | $14,728,440 |
| Total revenue, all sourcesunverified | $18,334,062 | $21,860,296 | $19,367,317 | $17,128,483 | $17,999,716 | $14,729,356 |
| Total operating expensesunverified | $9,872,979 | $13,889,179 | $14,557,029 | $10,463,486 | $9,780,990 | $8,527,351 |
| Net income (loss) for the periodunverified | $8,461,083 | $7,971,117 | $4,810,288 | $6,664,997 | $8,218,726 | $6,202,005 |
| Total hospice daysunverified | 120,095 | 113,317 | 105,311 | 103,051 | 104,309 | 83,980 |
| Operating marginunverified | 46.1% | 36.5% | 24.8% | 38.9% | 45.7% | 42.1% |