GREAT LAKES CARING DBA ELARA CARING — financial and operating metrics

CCN 231644, BIG 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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total patient revenue (gross charges)unverified$2,049,145$1,751,353$2,101,943$1,864,054$2,186,664$2,611,316
Contractual allowances and discountsunverified$431,423$60,514$59,722$61,485$96,667$53,167
Net patient revenueunverified$1,617,722$1,690,839$2,042,221$1,802,569$2,089,997$2,558,149
Total revenue, all sourcesunverified$1,618,606$2,446,363$2,877,775$1,900,834$2,089,997$2,558,149
Total operating expensesunverified$1,095,892$1,727,645$2,088,516$1,235,681$1,241,190$1,272,150
Net income (loss) for the periodunverified$522,714$718,718$789,259$665,153$848,807$1,285,999
Total hospice daysunverified10,93311,07913,07611,30512,85414,893
Operating marginunverified32.3%29.4%27.4%35.0%40.6%50.3%
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