CCN 235293, FARMINGTON, 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 | 117 | 117 | 117 |
| Total bed days availableunverified | 35,483 | 42,705 | 42,822 |
| Total inpatient daysunverified | 22,238 | 22,481 | 24,472 |
| Total patient revenue (gross charges)unverified | $15,628,070 | $19,030,436 | $14,136,856 |
| Contractual allowances and discountsunverified | $6,241,415 | $8,915,836 | $2,100,556 |
| Net patient revenueunverified | $9,386,655 | $10,114,600 | $12,036,300 |
| Total operating expensesunverified | $11,181,347 | $10,932,707 | $13,413,189 |
| Net income from service to patientsunverified | $-1,794,692 | $-818,107 | $-1,376,889 |
| Net income (loss) for the periodunverified | $-1,510,393 | $-386,097 | $-969,398 |
| Operating marginunverified | -19.1% | -8.1% | -11.4% |
| Occupancy rateunverified | 62.7% | 52.6% | 57.1% |