CCN 231582, GRAND RAPIDS, 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 | $17,878,538 | $20,178,316 | $19,588,942 | $16,579,395 | $15,677,571 | $18,585,867 |
| Contractual allowances and discountsunverified | $1,293,873 | $1,464,490 | $1,542,128 | $1,270,649 | $71,845 | $72,880 |
| Net patient revenueunverified | $16,584,665 | $18,713,826 | $18,046,814 | $15,308,746 | $15,605,726 | $18,512,987 |
| Total revenue, all sourcesunverified | $17,505,804 | $18,715,099 | $18,260,563 | $15,459,745 | $23,005,259 | $25,639,993 |
| Total operating expensesunverified | $12,762,883 | $13,308,056 | $13,742,357 | $12,187,196 | $19,376,276 | $20,363,180 |
| Net income (loss) for the periodunverified | $4,742,921 | $5,407,043 | $4,518,206 | $3,272,549 | $3,628,983 | $5,276,813 |
| Total hospice daysunverified | 109,666 | 119,102 | 116,261 | 97,304 | 94,536 | 108,700 |
| Operating marginunverified | 27.1% | 28.9% | 24.7% | 21.2% | 15.8% | 20.6% |