MCLAREN HOSPICE — financial and operating metrics

CCN 231580, ROGERS CITY, MI · Medicare cost reports, FY2018–FY2023

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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MetricFY2018FY2019FY2020FY2021FY2022FY2023
Total patient revenue (gross charges)unverified$21,589,351$2,419,765$2,367,385$1,329,820$1,556,797$1,595,727
Contractual allowances and discountsunverified$3,671,654$643,693$209,268$102,284$79,392
Net patient revenueunverified$17,917,697$2,419,765$1,723,692$1,120,552$1,454,513$1,516,335
Total revenue, all sourcesunverified$18,309,477$2,419,765$1,731,972$116,371,333$114,964,803$108,925,126
Total operating expensesunverified$15,230,381$1,864,676$1,920,060$100,858,328$117,900,875$112,329,285
Net income (loss) for the periodunverified$3,079,096$555,089$-188,088$15,513,005$-2,936,072$-3,404,159
Total hospice daysunverified13,83813,05910,7999,29911,37811,175
Operating marginunverified16.8%22.9%-10.9%13.3%-2.6%-3.1%
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