CCN 234030, 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 | 108 | 108 | 108 | 108 | 108 | 108 |
| Total bed days availableunverified | 39,528 | 39,420 | 39,420 | 39,420 | 39,528 | 39,420 |
| Total facility dischargesunverified | 3,241 | 3,071 | 3,089 | 3,342 | 3,413 | 3,003 |
| Total facility inpatient daysunverified | 30,192 | 30,915 | 31,082 | 32,673 | 33,860 | 31,419 |
| Total patient revenue (gross charges)unverified | $44,552,880 | $46,585,600 | $47,532,940 | $51,243,385 | $70,360,740 | $70,339,175 |
| Contractual allowances and discountsunverified | $7,884,830 | $7,288,506 | $6,959,598 | $7,246,865 | $15,962,886 | $16,002,413 |
| Net patient revenueunverified | $36,668,050 | $39,297,094 | $40,573,342 | $43,996,520 | $54,397,854 | $54,336,762 |
| Total operating expensesunverified | $28,073,541 | $29,328,298 | $30,590,136 | $35,084,351 | $41,210,227 | $43,779,117 |
| Net income from service to patientsunverified | $8,594,509 | $9,968,796 | $9,983,206 | $8,912,169 | $13,187,627 | $10,557,645 |
| Net incomeunverified | $9,565,154 | $11,061,072 | $10,365,890 | $9,216,420 | $13,350,334 | $10,739,432 |
| Operating marginunverified | 23.4% | 25.4% | 24.6% | 20.3% | 24.2% | 19.4% |
| Overall cost-to-charge ratiounverified | 63.0% | 63.0% | 64.4% | 68.5% | 58.6% | 62.2% |
| Occupancy rateunverified | 76.4% | 78.4% | 78.8% | 82.9% | 85.7% | 79.7% |
| Average length of stayunverified | 9.3 | 10.1 | 10.1 | 9.8 | 9.9 | 10.5 |