CCN 231300, FRANKFORT, 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 facility beds availableunverified | 8 | 8 | 8 | 8 | 8 | 8 |
| Total bed days availableunverified | 2,928 | 2,920 | 2,920 | 2,920 | 2,928 | 2,920 |
| Total facility dischargesunverified | 3 | 10 | 13 | 18 | 4 | 3 |
| Total facility inpatient daysunverified | 56.0 | 148 | 190 | 53.0 | 9.0 | 6.0 |
| Total patient revenue (gross charges)unverified | $36,554,102 | $43,861,920 | $50,044,643 | $51,959,787 | $55,588,851 | $61,710,125 |
| Contractual allowances and discountsunverified | $18,687,616 | $22,196,412 | $26,129,625 | $28,560,588 | $30,100,502 | $33,624,525 |
| Net patient revenueunverified | $17,866,486 | $21,665,508 | $23,915,018 | $23,399,199 | $25,488,349 | $28,085,600 |
| Total operating expensesunverified | $19,698,583 | $21,751,007 | $23,092,704 | $24,612,406 | $25,094,478 | $25,928,072 |
| Net income from service to patientsunverified | $-1,832,097 | $-85,499 | $822,314 | $-1,213,207 | $393,871 | $2,157,528 |
| Net incomeunverified | $104,055 | $-256,982 | $3,427,083 | $286,891 | $1,859,690 | $3,796,162 |
| Cost of uncompensated careunverified | $296,805 | $167,480 | $331,660 | $398,286 | $442,421 | $669,054 |
| Total facility bad debt expenseunverified | $536,854 | $366,924 | $646,304 | $772,286 | $821,776 | $1,030,385 |
| Charity care charges and uninsured discountsunverified | $127,698 | $53,153 | $85,225 | $115,731 | $99,930 | $311,261 |
| Cost of charity careunverified | $63,250 | $24,492 | $60,663 | $64,832 | $93,657 | $252,876 |
| Operating marginunverified | -10.3% | -0.4% | 3.4% | -5.2% | 1.5% | 7.7% |
| Overall cost-to-charge ratiounverified | 53.9% | 49.6% | 46.1% | 47.4% | 45.1% | 42.0% |
| Occupancy rateunverified | 1.9% | 5.1% | 6.5% | 1.8% | 0.3% | 0.2% |
| Uncompensated care as % of operating expenseunverified | 1.5% | 0.8% | 1.4% | 1.6% | 1.8% | 2.6% |
| Charity care cost-to-charge ratiounverified | 49.5% | 46.1% | 71.2% | 56.0% | 93.7% | 81.2% |