HURON COUNTY MCF — financial and operating metrics

CCN 235028, BAD AXE, 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 bedsunverified112112112
Total bed days availableunverified40,88040,88040,992
Total inpatient daysunverified28,60629,64727,956
Total patient revenue (gross charges)unverified$12,614,947$13,338,414$16,778,724
Contractual allowances and discountsunverified$752,931$1,063,746$1,761,305
Net patient revenueunverified$11,862,016$12,274,668$15,017,419
Total operating expensesunverified$14,055,918$14,337,179$15,439,994
Net income from service to patientsunverified$-2,193,902$-2,062,511$-422,575
Net income (loss) for the periodunverified$162,082$85,659$1,889,543
Operating marginunverified-18.5%-16.8%-2.8%
Occupancy rateunverified70.0%72.5%68.2%
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