CCN 235263, STERLING HEIGHTS, 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 | 248 | 248 | 248 |
| Total bed days availableunverified | 71,540 | 90,520 | 90,768 |
| Total inpatient daysunverified | 58,798 | 62,901 | 69,731 |
| Total patient revenue (gross charges)unverified | $20,699,128 | $22,759,316 | $31,328,487 |
| Contractual allowances and discountsunverified | $3,931,022 | $3,924,315 | $6,980,236 |
| Net patient revenueunverified | $16,768,106 | $18,835,001 | $24,348,251 |
| Total operating expensesunverified | $21,096,623 | $19,827,358 | $21,898,019 |
| Net income from service to patientsunverified | $-4,328,517 | $-992,357 | $2,450,232 |
| Net income (loss) for the periodunverified | $-3,308,908 | $478,875 | $1,776,250 |
| Operating marginunverified | -25.8% | -5.3% | 10.1% |
| Occupancy rateunverified | 82.2% | 69.5% | 76.8% |