MISSION POINT NURSING & PHYSICAL REH — financial and operating metrics

CCN 235349, ISHPEMING, MI · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2024 (157 days) covers less than a full year, usually because the facility changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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
157d
Total facility bedsunverified966363
Total bed days availableunverified35,04022,9959,954
Total inpatient daysunverified16,87417,4495,203
Total patient revenue (gross charges)unverified$8,733,568$8,434,009$3,038,471
Contractual allowances and discountsunverified$2,754,635$2,916,955$1,068,709
Net patient revenueunverified$5,978,933$5,517,054$1,969,762
Total operating expensesunverified$7,068,047$8,840,580$3,304,797
Net income from service to patientsunverified$-1,089,114$-3,323,526$-1,335,035
Net income (loss) for the periodunverified$-809,517$-3,076,071$-1,252,472
Operating marginunverified-18.2%-60.2%-67.8%
Occupancy rateunverified48.2%75.9%52.3%
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