PINECREST MEDICAL CARE FACILITY — financial and operating metrics

CCN 235069, POWERS, 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 bedsunverified130120120
Total bed days availableunverified32,85043,80043,920
Total inpatient daysunverified25,24723,30723,057
Total patient revenue (gross charges)unverified$8,616,967$8,286,665$9,340,541
Contractual allowances and discountsunverified$197,322$-388,741$392,992
Net patient revenueunverified$8,419,645$8,675,406$8,947,549
Total operating expensesunverified$11,725,416$10,565,368$11,876,311
Net income from service to patientsunverified$-3,305,771$-1,889,962$-2,928,762
Net income (loss) for the periodunverified$-1,970,680$-1,408,803$-1,947,717
Operating marginunverified-39.3%-21.8%-32.7%
Occupancy rateunverified76.9%53.2%52.5%
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