GLADWIN NURSING AND REHABILITATION — financial and operating metrics

CCN 235335, GLADWIN, 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 bedsunverified606060
Total bed days availableunverified21,90021,90021,960
Total inpatient daysunverified13,65213,96214,096
Total patient revenue (gross charges)unverified$5,344,063$5,633,215$6,540,051
Contractual allowances and discountsunverified$1,132,518$769,735$939,275
Net patient revenueunverified$4,211,545$4,863,480$5,600,776
Total operating expensesunverified$4,785,670$4,774,555$5,184,395
Net income from service to patientsunverified$-574,125$88,925$416,381
Net income (loss) for the periodunverified$-230,015$233,685$607,047
Operating marginunverified-13.6%1.8%7.4%
Occupancy rateunverified62.3%63.8%64.2%
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