GOGEBIC MEDICAL CARE FACILITY — financial and operating metrics

CCN 235026, WAKEFIELD, 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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MetricFY2022FY2023FY2024
Total facility bedsunverified100100100
Total bed days availableunverified36,50036,50036,600
Total inpatient daysunverified30,30429,49129,024
Total patient revenue (gross charges)unverified$11,444,208$12,080,501$13,882,312
Contractual allowances and discountsunverified$883,965$-685,116$209,900
Net patient revenueunverified$10,560,243$12,765,617$13,672,412
Total operating expensesunverified$11,591,584$12,459,807$12,541,350
Net income from service to patientsunverified$-1,031,341$305,810$1,131,062
Net income (loss) for the periodunverified$319,462$1,152,506$2,461,292
Operating marginunverified-9.8%2.4%8.3%
Occupancy rateunverified83.0%80.8%79.3%
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See pricing · How we derive these numbers