CCN 235260, WATERFORD, 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 | 150 | 200 | 200 |
| Total bed days availableunverified | 54,750 | 73,000 | 73,200 |
| Total inpatient daysunverified | 45,142 | 45,154 | 46,318 |
| Total patient revenue (gross charges)unverified | $30,284,375 | $31,958,550 | $30,151,635 |
| Contractual allowances and discountsunverified | $13,212,915 | $12,623,515 | $11,249,306 |
| Net patient revenueunverified | $17,071,460 | $19,335,035 | $18,902,329 |
| Total operating expensesunverified | $19,427,222 | $21,247,548 | $20,630,558 |
| Net income from service to patientsunverified | $-2,355,762 | $-1,912,513 | $-1,728,229 |
| Net income (loss) for the periodunverified | $-901,935 | $-897,192 | $-58,447 |
| Operating marginunverified | -13.8% | -9.9% | -9.1% |
| Occupancy rateunverified | 82.5% | 61.9% | 63.3% |