COMMUNITY HOSPICE CARE — financial and operating metrics

CCN 231625, BINGHAM FARMS, 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$12,111,218$11,094,707$9,910,407$12,232,472$16,428,370$17,166,866
Contractual allowances and discountsunverified$3,184
Net patient revenueunverified$12,108,034$11,094,707$9,910,407$12,232,472$16,428,370$17,166,866
Total revenue, all sourcesunverified$14,975,853$13,855,175$11,182,786$14,513,019$19,611,143$20,048,575
Total operating expensesunverified$13,958,111$12,349,643$12,851,373$14,802,738$19,813,040$19,982,747
Net income (loss) for the periodunverified$1,017,742$1,505,532$-1,668,587$-289,719$-201,897$65,828
Total hospice daysunverified65,33964,31250,43757,17474,60178,541
Operating marginunverified6.8%10.9%-14.9%-2.0%-1.0%0.3%
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