LUTHERAN HOME OF MONROE — financial and operating metrics

CCN 235274, MONROE, 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 bedsunverified122122122
Total bed days availableunverified44,53044,53044,652
Total inpatient daysunverified27,97827,96227,653
Total patient revenue (gross charges)unverified$10,857,978$11,231,189$11,250,738
Contractual allowances and discountsunverified$1,439,179$902,726$781,088
Net patient revenueunverified$9,418,799$10,328,463$10,469,650
Total operating expensesunverified$9,401,040$10,255,409$11,229,208
Net income from service to patientsunverified$17,759$73,054$-759,558
Net income (loss) for the periodunverified$431,018$417,054$-348,511
Operating marginunverified0.2%0.7%-7.3%
Occupancy rateunverified62.8%62.8%61.9%
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