CCN 232029, 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 facility beds availableunverified | 36 | 36 | 36 | 36 | 36 | 36 |
| Total bed days availableunverified | 13,176 | 13,140 | 13,140 | 13,140 | 13,176 | 13,140 |
| Total facility dischargesunverified | 309 | 305 | 299 | 317 | 346 | 391 |
| Total facility inpatient daysunverified | 9,493 | 10,032 | 10,031 | 10,622 | 11,480 | 11,258 |
| Total patient revenue (gross charges)unverified | $56,572,796 | $65,307,632 | $84,693,266 | $111,224,119 | $148,385,587 | $173,562,931 |
| Contractual allowances and discountsunverified | $39,890,556 | $46,856,098 | $64,664,878 | $89,605,074 | $124,509,609 | $147,146,034 |
| Net patient revenueunverified | $16,682,240 | $18,451,534 | $20,028,388 | $21,619,045 | $23,875,978 | $26,416,897 |
| Total operating expensesunverified | $16,584,912 | $18,274,444 | $20,001,569 | $21,484,857 | $23,495,726 | $24,585,449 |
| Net income from service to patientsunverified | $97,328 | $177,090 | $26,819 | $134,188 | $380,252 | $1,831,448 |
| Net incomeunverified | $649,382 | $452,764 | $1,107,369 | $432,967 | $551,523 | $2,085,351 |
| Operating marginunverified | 0.6% | 1.0% | 0.1% | 0.6% | 1.6% | 6.9% |
| Overall cost-to-charge ratiounverified | 29.3% | 28.0% | 23.6% | 19.3% | 15.8% | 14.2% |
| Occupancy rateunverified | 72.0% | 76.3% | 76.3% | 80.8% | 87.1% | 85.7% |
| Average length of stayunverified | 30.7 | 32.9 | 33.5 | 33.5 | 33.2 | 28.8 |