THE LAURELS OF COLDWATER — financial and operating metrics

CCN 235302, COLDWATER, 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 bedsunverified169169169
Total bed days availableunverified61,68561,68561,854
Total inpatient daysunverified45,53047,37247,102
Total patient revenue (gross charges)unverified$23,883,033$24,361,648$25,072,625
Contractual allowances and discountsunverified$9,111,708$9,225,159$8,916,492
Net patient revenueunverified$14,771,325$15,136,489$16,156,133
Total operating expensesunverified$15,277,751$15,941,971$15,739,044
Net income from service to patientsunverified$-506,426$-805,482$417,089
Net income (loss) for the periodunverified$421,002$95,246$1,338,020
Operating marginunverified-3.4%-5.3%2.6%
Occupancy rateunverified73.8%76.8%76.2%
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See pricing · How we derive these numbers