MICHIGAN MASONIC HOME — financial and operating metrics

CCN 235020, ALMA, MI · Medicare cost reports, FY2023–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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MetricFY2023FY2024FY2025
Total facility bedsunverified425425425
Total bed days availableunverified155,125155,550155,125
Total inpatient daysunverified88,79962,15361,013
Total patient revenue (gross charges)unverified$33,318,621$31,140,090$26,128,971
Contractual allowances and discountsunverified$8,339,867$9,539,948$6,710,219
Net patient revenueunverified$24,978,754$21,600,142$19,418,752
Total operating expensesunverified$33,084,063$29,857,225$29,716,331
Net income from service to patientsunverified$-8,105,309$-8,257,083$-10,297,579
Net income (loss) for the periodunverified$162,721$691,563$10,008,475
Operating marginunverified-32.4%-38.2%-53.0%
Occupancy rateunverified57.2%40.0%39.3%
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