CCN 231312, SHERIDAN, 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 | 22 | 22 | 22 | 22 | 22 | 22 |
| Total bed days availableunverified | 8,052 | 8,030 | 8,030 | 8,030 | 8,052 | 8,030 |
| Total facility dischargesunverified | 63 | 21 | 59 | 33 | 54 | 36 |
| Total facility inpatient daysunverified | 688 | 654 | 1,730 | 2,061 | 757 | 943 |
| Total patient revenue (gross charges)unverified | $16,289,573 | $15,269,866 | $21,785,339 | — | — | $52,988,861 |
| Contractual allowances and discountsunverified | — | — | $7,652,568 | — | — | $19,111,592 |
| Net patient revenueunverified | $16,289,573 | $15,269,866 | $14,132,771 | — | — | $33,877,269 |
| Total operating expensesunverified | $11,740,021 | $11,109,400 | $13,501,875 | $16,051,781 | $17,222,094 | $23,493,164 |
| Net income from service to patientsunverified | $4,549,552 | $4,160,466 | $630,896 | $-16,051,781 | $-17,222,094 | $10,384,105 |
| Net incomeunverified | $4,549,552 | $4,160,466 | $3,932,422 | $-16,051,781 | $-17,222,094 | $10,935,374 |
| Cost of uncompensated careunverified | $457,614 | $563,216 | $496,415 | $615,398 | $505,931 | $457,384 |
| Total facility bad debt expenseunverified | $814,169 | $934,401 | $814,169 | $814,169 | $814,169 | $974,173 |
| Charity care charges and uninsured discountsunverified | $26,599 | $26,599 | $26,599 | $26,599 | $26,599 | $32,796 |
| Cost of charity careunverified | $15,812 | $26,599 | $15,705 | $19,469 | $16,006 | $15,006 |
| Operating marginunverified | 27.9% | 27.2% | 4.5% | — | — | 30.7% |
| Overall cost-to-charge ratiounverified | 72.1% | 72.8% | 62.0% | — | — | 44.3% |
| Occupancy rateunverified | 8.5% | 8.1% | 21.5% | 25.7% | 9.4% | 11.7% |
| Average length of stayunverified | 10.9 | — | 29.3 | 62.5 | 14.0 | 26.2 |
| Uncompensated care as % of operating expenseunverified | 3.9% | 5.1% | 3.7% | 3.8% | 2.9% | 1.9% |
| Charity care cost-to-charge ratiounverified | 59.4% | 100.0% | 59.0% | 73.2% | 60.2% | 45.8% |