COMPASSUS - NORTHERN MICHIGAN — financial and operating metrics

CCN 231600, WEST BRANCH, 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$10,664,732$10,862,491$11,771,283$14,687,775$17,623,974$20,624,964
Contractual allowances and discountsunverified$11,748$27,724$30,529$325,002$385,677$787,278
Net patient revenueunverified$10,652,984$10,834,767$11,740,754$14,362,773$17,238,297$19,837,686
Total revenue, all sourcesunverified$13,599,598$13,238,373$14,851,451$18,356,771$22,371,935$25,892,148
Total operating expensesunverified$8,573,078$9,433,721$10,352,332$13,063,801$15,184,969$18,260,958
Net income (loss) for the periodunverified$5,026,520$3,804,652$4,499,119$5,292,970$7,186,966$7,631,190
Total hospice daysunverified71,51469,81673,63188,532103,213118,043
Operating marginunverified37.0%28.7%30.3%28.8%32.1%29.5%
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