CCN 231601, MADISON HEIGHTS, 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 | $22,912,175 | $24,029,231 | $20,424,888 | $25,933,227 | $26,628,804 | $42,737,882 |
| Contractual allowances and discountsunverified | $37,590 | $48,311 | $534,519 | $1,080,441 | $535,263 | $696,486 |
| Net patient revenueunverified | $22,874,585 | $23,980,920 | $19,890,369 | $24,852,786 | $26,093,541 | $42,041,396 |
| Total revenue, all sourcesunverified | $30,399,469 | $34,349,528 | $20,644,827 | $27,769,226 | $43,121,617 | $43,618,491 |
| Total operating expensesunverified | $29,869,820 | $31,175,506 | $14,590,855 | $21,123,190 | $34,118,845 | $36,553,466 |
| Net income (loss) for the periodunverified | $529,649 | $3,174,022 | $6,053,972 | $6,646,036 | $9,002,772 | $7,065,025 |
| Total hospice daysunverified | 118,480 | 136,634 | 135,947 | 143,028 | 147,851 | 141,607 |
| Operating marginunverified | 1.7% | 9.2% | 29.3% | 23.9% | 20.9% | 16.2% |