THS OF FREMONT — financial and operating metrics

CCN 235176, FREMONT, 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 bedsunverified129129129
Total bed days availableunverified47,08547,08547,214
Total inpatient daysunverified23,88725,78729,312
Total patient revenue (gross charges)unverified$13,395,323$14,748,062$16,766,556
Contractual allowances and discountsunverified$6,601,556$6,922,550$7,251,106
Net patient revenueunverified$6,793,767$7,825,512$9,515,450
Total operating expensesunverified$7,914,790$7,580,030$9,156,928
Net income from service to patientsunverified$-1,121,023$245,482$358,522
Net income (loss) for the periodunverified$-718,951$643,079$1,620,833
Operating marginunverified-16.5%3.1%3.8%
Occupancy rateunverified50.7%54.8%62.1%
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