CCN 231329, CARO, 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 | 25 | 25 | 25 | 25 | 25 | 25 |
| Total bed days availableunverified | 9,150 | 9,125 | 9,125 | 9,125 | 9,150 | 9,125 |
| Total facility dischargesunverified | 43 | 18 | 54 | 44 | 24 | 32 |
| Total facility inpatient daysunverified | 181 | 626 | 921 | 1,163 | 1,324 | 1,323 |
| Total patient revenue (gross charges)unverified | $23,286,738 | $25,507,278 | $28,511,521 | $28,820,440 | $30,744,759 | $31,591,733 |
| Contractual allowances and discountsunverified | $10,936,810 | $10,939,075 | $11,132,280 | $9,688,196 | $10,007,914 | $12,460,598 |
| Net patient revenueunverified | $12,349,928 | $14,568,203 | $17,379,241 | $19,132,244 | $20,736,845 | $19,131,135 |
| Total operating expensesunverified | $15,618,119 | $16,266,780 | $17,953,939 | $18,745,224 | $19,658,682 | $21,103,115 |
| Net income from service to patientsunverified | $-3,268,191 | $-1,698,577 | $-574,698 | $387,020 | $1,078,163 | $-1,971,980 |
| Net incomeunverified | $326,770 | $-1,284,481 | $1,133,190 | $2,457,598 | $1,634,316 | $-1,355,048 |
| Cost of uncompensated careunverified | $442,613 | $564,612 | $552,920 | $342,581 | $671,003 | $48,841 |
| Total facility bad debt expenseunverified | $806,407 | $806,407 | $806,407 | $252,709 | $162,315 | $60,449 |
| Charity care charges and uninsured discountsunverified | $50,005 | $50,005 | — | $330,913 | $751,138 | $1,213,315 |
| Cost of charity careunverified | $4,988 | $5,430 | — | $254,134 | $597,118 | $27,684 |
| Charges for insured patients' liabilityunverified | — | — | — | — | $668 | $901 |
| Operating marginunverified | -26.5% | -11.7% | -3.3% | 2.0% | 5.2% | -10.3% |
| Overall cost-to-charge ratiounverified | 67.1% | 63.8% | 63.0% | 65.0% | 63.9% | 66.8% |
| Occupancy rateunverified | 2.0% | 6.9% | 10.1% | 12.7% | 14.5% | 14.5% |
| Average length of stayunverified | 4.2 | — | 17.1 | 26.4 | — | 41.3 |
| Uncompensated care as % of operating expenseunverified | 2.8% | 3.5% | 3.1% | 1.8% | 3.4% | 0.2% |
| Charity care cost-to-charge ratiounverified | 10.0% | 10.9% | — | 76.8% | 79.5% | 2.3% |