CCN 231629, GRAND RAPIDS, 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 | $9,142,035 | $10,293,175 | $9,943,038 | $9,991,974 | $12,775,368 | $11,119,158 |
| Contractual allowances and discountsunverified | $76,092 | $283,592 | $230,560 | $284,441 | $254,823 | $240,047 |
| Net patient revenueunverified | $9,065,943 | $10,009,583 | $9,712,478 | $9,707,533 | $12,520,545 | $10,879,111 |
| Total revenue, all sourcesunverified | $12,403,758 | $13,475,475 | $12,057,890 | $11,987,025 | $15,771,705 | $14,088,171 |
| Total operating expensesunverified | $10,801,555 | $12,219,888 | $12,021,806 | $12,075,005 | $14,432,455 | $15,041,727 |
| Net income (loss) for the periodunverified | $1,602,203 | $1,255,587 | $36,084 | $-87,980 | $1,339,250 | $-953,556 |
| Total hospice daysunverified | 58,413 | 62,627 | 59,609 | 58,067 | 71,168 | 63,469 |
| Operating marginunverified | 12.9% | 9.3% | 0.3% | -0.7% | 8.5% | -6.8% |