THE LAURELS OF HUDSONVILLE — financial and operating metrics

CCN 235327, HUDSONVILLE, 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 bedsunverified108108108
Total bed days availableunverified39,42039,42039,528
Total inpatient daysunverified28,75630,92233,572
Total patient revenue (gross charges)unverified$17,895,033$19,477,329$20,742,212
Contractual allowances and discountsunverified$8,924,211$8,905,068$9,296,492
Net patient revenueunverified$8,970,822$10,572,261$11,445,720
Total operating expensesunverified$9,794,700$10,447,106$12,174,371
Net income from service to patientsunverified$-823,878$125,155$-728,651
Net income (loss) for the periodunverified$-450,608$912,306$43,255
Operating marginunverified-9.2%1.2%-6.4%
Occupancy rateunverified72.9%78.4%84.9%
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See pricing · How we derive these numbers