CCN 235031, HANCOCK, 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 | 197 | 197 | 197 |
| Total bed days availableunverified | 71,905 | 71,905 | 72,102 |
| Total inpatient daysunverified | 49,516 | 44,394 | 44,847 |
| Total patient revenue (gross charges)unverified | $20,919,549 | $19,932,119 | $20,520,888 |
| Contractual allowances and discountsunverified | $1,829,437 | $2,023,152 | $1,491,058 |
| Net patient revenueunverified | $19,090,112 | $17,908,967 | $19,029,830 |
| Total operating expensesunverified | $23,622,321 | $25,776,907 | $26,212,602 |
| Net income from service to patientsunverified | $-4,532,209 | $-7,867,940 | $-7,182,772 |
| Net income (loss) for the periodunverified | $4,347,641 | $-3,841,618 | $-1,095,685 |
| Operating marginunverified | -23.7% | -43.9% | -37.7% |
| Occupancy rateunverified | 68.9% | 61.7% | 62.2% |