WELLBRIDGE OF GRAND BLANC — financial and operating metrics

CCN 235171, GRAND BLANC, 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 bedsunverified128128128
Total bed days availableunverified46,72046,72046,848
Total inpatient daysunverified23,03729,96840,840
Total patient revenue (gross charges)unverified$17,351,338$23,020,350$30,463,153
Contractual allowances and discountsunverified$8,452,936$10,834,841$14,108,509
Net patient revenueunverified$8,898,402$12,185,509$16,354,644
Total operating expensesunverified$12,127,021$13,848,959$16,599,595
Net income from service to patientsunverified$-3,228,619$-1,663,450$-244,951
Net income (loss) for the periodunverified$-2,735,031$-1,223,559$723,790
Operating marginunverified-36.3%-13.7%-1.5%
Occupancy rateunverified49.3%64.1%87.2%
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