CCN 235360, SPRING ARBOR, 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 | 122 | 122 | 122 |
| Total bed days availableunverified | 44,530 | 44,530 | 44,652 |
| Total inpatient daysunverified | 21,769 | 24,956 | 30,901 |
| Total patient revenue (gross charges)unverified | $7,698,263 | $8,749,933 | $11,308,595 |
| Contractual allowances and discountsunverified | $2,180,236 | $2,094,721 | $-249,324 |
| Net patient revenueunverified | $5,518,027 | $6,655,212 | $11,557,919 |
| Total operating expensesunverified | $7,195,983 | $8,479,370 | $10,118,708 |
| Net income from service to patientsunverified | $-1,677,956 | $-1,824,158 | $1,439,211 |
| Net income (loss) for the periodunverified | $-429,685 | $-237,106 | $2,016,111 |
| Operating marginunverified | -30.4% | -27.4% | 12.5% |
| Occupancy rateunverified | 48.9% | 56.0% | 69.2% |