CCN 235294, CEDAR SPRINGS, 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 | 77 | 77 | 77 |
| Total bed days availableunverified | 28,105 | 28,105 | 28,182 |
| Total inpatient daysunverified | 23,619 | 24,843 | 24,888 |
| Total patient revenue (gross charges)unverified | $13,744,890 | $13,609,533 | $14,339,898 |
| Contractual allowances and discountsunverified | $5,932,979 | $5,691,796 | $5,393,612 |
| Net patient revenueunverified | $7,811,911 | $7,917,737 | $8,946,286 |
| Total operating expensesunverified | $8,587,098 | $10,375,143 | $9,742,753 |
| Net income from service to patientsunverified | $-775,187 | $-2,457,406 | $-796,467 |
| Net income (loss) for the periodunverified | $-471,200 | $-1,521,847 | $-559,879 |
| Operating marginunverified | -9.9% | -31.0% | -8.9% |
| Occupancy rateunverified | 84.0% | 88.4% | 88.3% |