SOUTHERNCARE INC. — financial and operating metrics

CCN 231591, PORTAGE, 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$5,248,296$4,803,774$5,193,747$6,218,751$6,571,087$9,240,340
Contractual allowances and discountsunverified$53,101$77,843$23,017$83,272$15,945$31,984
Net patient revenueunverified$5,195,195$4,725,931$5,170,730$6,135,479$6,555,142$9,208,356
Total revenue, all sourcesunverified$9,143,629$7,221,200$8,623,945$8,577,883$9,521,230$14,038,798
Total operating expensesunverified$7,632,382$5,647,720$6,997,605$6,306,680$7,091,984$10,161,301
Net income (loss) for the periodunverified$1,511,247$1,573,480$1,626,340$2,271,203$2,429,246$3,877,497
Total hospice daysunverified34,52230,32032,83938,59839,83053,175
Operating marginunverified16.5%21.8%18.9%26.5%25.5%27.6%
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