FRIENDSHIP VILLAGE — financial and operating metrics

CCN 235248, KALAMAZOO, 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 bedsunverified575757
Total bed days availableunverified20,80520,80520,862
Total inpatient daysunverified13,15813,12616,461
Total patient revenue (gross charges)unverified$19,844,200$23,052,776$24,617,519
Contractual allowances and discountsunverified$812,738$1,252,928$1,474,303
Net patient revenueunverified$19,031,462$21,799,848$23,143,216
Total operating expensesunverified$25,020,199$26,773,021$27,543,701
Net income from service to patientsunverified$-5,988,737$-4,973,173$-4,400,485
Net income (loss) for the periodunverified$2,065,098$-1,052,002$-498,126
Operating marginunverified-31.5%-22.8%-19.0%
Occupancy rateunverified63.2%63.1%78.9%
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