CCN 231656, 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 | $621,753 | $639,108 | $826,379 | $534,057 | $1,175,264 | $1,436,283 |
| Net patient revenueunverified | $621,753 | $639,108 | $826,379 | $534,057 | $1,175,264 | $1,436,283 |
| Total revenue, all sourcesunverified | $621,753 | $639,108 | $1,053,827 | $739,833 | $1,272,847 | $1,654,043 |
| Total operating expensesunverified | $749,302 | $921,397 | $1,457,451 | $1,147,950 | $1,577,717 | $1,643,595 |
| Net income (loss) for the periodunverified | $-127,549 | $-282,289 | $-403,624 | $-408,117 | $-304,870 | $10,448 |
| Total hospice daysunverified | 4,377 | 4,125 | 5,315 | 3,316 | 7,198 | 8,110 |
| Operating marginunverified | -20.5% | -44.2% | -38.3% | -55.2% | -24.0% | 0.6% |