IRON COUNTY MEDICAL CARE FACILITY — financial and operating metrics

CCN 235257, CRYSTAL FALLS, 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 bedsunverified200200135
Total bed days availableunverified73,00073,00049,069
Total inpatient daysunverified41,46442,21642,324
Total patient revenue (gross charges)unverified$16,943,949$17,169,470$17,509,561
Contractual allowances and discountsunverified$643,230$741,394$2,335,797
Net patient revenueunverified$16,300,719$16,428,076$15,173,764
Total operating expensesunverified$20,606,536$22,601,861$22,894,170
Net income from service to patientsunverified$-4,305,817$-6,173,785$-7,720,406
Net income (loss) for the periodunverified$3,674,146$-4,979,335$-1,262,342
Operating marginunverified-26.4%-37.6%-50.9%
Occupancy rateunverified56.8%57.8%86.3%
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