CCN 235009, HASTINGS, MI · 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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| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Total facility bedsunverified | 161 | 231 | 161 |
| Total bed days availableunverified | 58,765 | 84,315 | 58,926 |
| Total inpatient daysunverified | 45,743 | 49,641 | 53,824 |
| Total patient revenue (gross charges)unverified | $20,493,287 | $24,737,950 | $28,767,814 |
| Contractual allowances and discountsunverified | $1,849,610 | $4,127,791 | $3,888,287 |
| Net patient revenueunverified | $18,643,677 | $20,610,159 | $24,879,527 |
| Total operating expensesunverified | $22,128,429 | $22,883,712 | $26,773,727 |
| Net income from service to patientsunverified | $-3,484,752 | $-2,273,553 | $-1,894,200 |
| Net income (loss) for the periodunverified | $4,034,234 | $-692,149 | $-341,134 |
| Operating marginunverified | -18.7% | -11.0% | -7.6% |
| Occupancy rateunverified | 77.8% | 58.9% | 91.3% |