CCN 235072, LUDINGTON, 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 | 96 | 96 | 96 |
| Total bed days availableunverified | 35,040 | 35,040 | 35,136 |
| Total inpatient daysunverified | 23,966 | 25,440 | 27,076 |
| Total patient revenue (gross charges)unverified | $10,191,175 | $10,668,537 | $13,420,824 |
| Contractual allowances and discountsunverified | $237,132 | $59,272 | $-1,729,365 |
| Net patient revenueunverified | $9,954,043 | $10,609,265 | $15,150,189 |
| Total operating expensesunverified | $13,174,652 | $14,586,877 | $15,673,974 |
| Net income from service to patientsunverified | $-3,220,609 | $-3,977,612 | $-523,785 |
| Net income (loss) for the periodunverified | $153,699 | $97,387 | $4,183,564 |
| Operating marginunverified | -32.4% | -37.5% | -3.5% |
| Occupancy rateunverified | 68.4% | 72.6% | 77.1% |