PORTER HILLS HEALTH CENTER — financial and operating metrics

CCN 235310, GRAND RAPIDS, MI · Medicare cost reports, FY2023–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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MetricFY2023FY2024
Total facility bedsunverified251251
Total bed days availableunverified94,17791,866
Total inpatient daysunverified64,64786,091
Total patient revenue (gross charges)unverified$15,265,447$15,415,260
Contractual allowances and discountsunverified$671,934$767,420
Net patient revenueunverified$14,593,513$14,647,840
Total operating expensesunverified$25,193,204$25,726,766
Net income from service to patientsunverified$-10,599,691$-11,078,926
Net income (loss) for the periodunverified$-2,017,100$-3,937,667
Operating marginunverified-72.6%-75.6%
Occupancy rateunverified68.6%93.7%
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