CCN 235358, LUDINGTON, 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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| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Total facility bedsunverified | 93 | 93 | 93 |
| Total bed days availableunverified | 31,025 | 33,945 | 34,038 |
| Total inpatient daysunverified | 23,610 | 24,136 | 28,652 |
| Total patient revenue (gross charges)unverified | $10,939,028 | $11,845,754 | $14,104,136 |
| Contractual allowances and discountsunverified | $3,379,966 | $3,559,564 | $3,517,676 |
| Net patient revenueunverified | $7,559,062 | $8,286,190 | $10,586,460 |
| Total operating expensesunverified | $8,889,479 | $7,917,112 | $9,713,088 |
| Net income from service to patientsunverified | $-1,330,417 | $369,078 | $873,372 |
| Net income (loss) for the periodunverified | $-907,215 | $887,555 | $1,196,816 |
| Operating marginunverified | -17.6% | 4.5% | 8.2% |
| Occupancy rateunverified | 76.1% | 71.1% | 84.2% |