THE LAURELS OF BEDFORD — financial and operating metrics

CCN 235299, BATTLE CREEK, 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 bedsunverified123123123
Total bed days availableunverified44,89544,89545,018
Total inpatient daysunverified37,27938,09938,745
Total patient revenue (gross charges)unverified$21,836,659$21,454,477$22,170,668
Contractual allowances and discountsunverified$9,203,278$8,512,097$7,904,440
Net patient revenueunverified$12,633,381$12,942,380$14,266,228
Total operating expensesunverified$13,539,563$13,522,561$14,286,624
Net income from service to patientsunverified$-906,182$-580,181$-20,396
Net income (loss) for the periodunverified$50,182$2,331$820,444
Operating marginunverified-7.2%-4.5%-0.1%
Occupancy rateunverified83.0%84.9%86.1%
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