LIFE CARE CENTER OF MICHIGAN CITY — financial and operating metrics

CCN 155344, MICHIGAN CITY, IN · Medicare cost reports, FY2022–FY2024

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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MetricFY2022FY2023FY2024
Total facility bedsunverified118118118
Total bed days availableunverified43,07043,07043,188
Total inpatient daysunverified27,92330,27531,850
Total patient revenue (gross charges)unverified$14,527,678$16,525,620$16,776,589
Contractual allowances and discountsunverified$3,897,931$4,847,144$3,660,674
Net patient revenueunverified$10,629,747$11,678,476$13,115,915
Total operating expensesunverified$10,605,659$11,466,624$12,697,030
Net income from service to patientsunverified$24,088$211,852$418,885
Net income (loss) for the periodunverified$313,987$217,367$423,715
Operating marginunverified0.2%1.8%3.2%
Occupancy rateunverified64.8%70.3%73.7%
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