CCN 235253, LOWELL, 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 | 153 | 153 | 153 |
| Total bed days availableunverified | 55,845 | 55,845 | 55,998 |
| Total inpatient daysunverified | 33,241 | 31,904 | 34,669 |
| Total patient revenue (gross charges)unverified | $19,102,688 | $19,012,869 | $20,322,726 |
| Contractual allowances and discountsunverified | $10,108,205 | $9,399,083 | $9,164,217 |
| Net patient revenueunverified | $8,994,483 | $9,613,786 | $11,158,509 |
| Total operating expensesunverified | $11,044,012 | $10,936,523 | $12,112,458 |
| Net income from service to patientsunverified | $-2,049,529 | $-1,322,737 | $-953,949 |
| Net income (loss) for the periodunverified | $-1,639,784 | $-764,638 | $-143,374 |
| Operating marginunverified | -22.8% | -13.8% | -8.5% |
| Occupancy rateunverified | 59.5% | 57.1% | 61.9% |