GRANDVUE MCF — financial and operating metrics

CCN 235062, EAST JORDAN, 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 bedsunverified113113113
Total bed days availableunverified41,24541,24541,358
Total inpatient daysunverified27,64730,65234,533
Total patient revenue (gross charges)unverified$13,150,480$15,118,474$18,054,535
Contractual allowances and discountsunverified$1,448,298$1,353,272$-207,838
Net patient revenueunverified$11,702,182$13,765,202$18,262,373
Total operating expensesunverified$15,535,084$18,222,785$19,951,107
Net income from service to patientsunverified$-3,832,902$-4,457,583$-1,688,734
Net income (loss) for the periodunverified$2,650,063$-1,952,597$-3,104,059
Operating marginunverified-32.8%-32.4%-9.2%
Occupancy rateunverified67.0%74.3%83.5%
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