CCN 231661, 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 | $2,586,384 | $3,805,243 | $4,461,302 | $5,775,684 | $6,714,153 | $7,862,429 |
| Net patient revenueunverified | $2,586,384 | $3,805,243 | $4,461,302 | $5,775,684 | $6,714,153 | $7,862,429 |
| Total revenue, all sourcesunverified | $2,586,384 | $3,805,243 | $4,885,023 | $6,403,271 | $7,659,889 | $9,509,782 |
| Total operating expensesunverified | $1,784,310 | $2,460,735 | $3,516,427 | $4,792,975 | $5,795,449 | $7,833,524 |
| Net income (loss) for the periodunverified | $802,074 | $1,344,508 | $1,368,596 | $1,610,296 | $1,864,440 | $1,676,258 |
| Total hospice daysunverified | 16,522 | 23,115 | 26,662 | 34,939 | 39,443 | 46,431 |
| Operating marginunverified | 31.0% | 35.3% | 28.0% | 25.1% | 24.3% | 17.6% |