CCN 231628, KENTWOOD, 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 | $1,704,502 | $901,350 | $524,980 | $1,634,130 | $2,892,817 | $850,435 |
| Contractual allowances and discountsunverified | $94,116 | $35,791 | $20,662 | $20,089 | $70,157 | $34,750 |
| Net patient revenueunverified | $1,610,386 | $865,559 | $504,318 | $1,614,041 | $2,822,660 | $815,685 |
| Total revenue, all sourcesunverified | $1,910,986 | $890,313 | $541,939 | $1,918,242 | $3,316,821 | $1,112,483 |
| Total operating expensesunverified | $2,123,311 | $1,366,179 | $1,080,319 | $2,060,067 | $3,094,186 | $1,461,961 |
| Net income (loss) for the periodunverified | $-212,325 | $-475,866 | $-538,380 | $-141,825 | $222,635 | $-349,478 |
| Total hospice daysunverified | 11,382 | 5,518 | 3,021 | 9,549 | 16,492 | 11,649 |
| Operating marginunverified | -11.1% | -53.4% | -99.3% | -7.4% | 6.7% | -31.4% |