CCN 235366, GRAND RAPIDS, 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 | 58 | 58 | 58 |
| Total bed days availableunverified | 21,170 | 21,170 | 21,228 |
| Total inpatient daysunverified | 18,925 | 20,017 | 19,432 |
| Total patient revenue (gross charges)unverified | $10,199,033 | $10,472,823 | $12,364,203 |
| Contractual allowances and discountsunverified | $4,156,987 | $4,373,188 | $5,364,390 |
| Net patient revenueunverified | $6,042,046 | $6,099,635 | $6,999,813 |
| Total operating expensesunverified | $6,337,888 | $7,929,079 | $7,684,270 |
| Net income from service to patientsunverified | $-295,842 | $-1,829,444 | $-684,457 |
| Net income (loss) for the periodunverified | $-114,454 | $-1,209,423 | $-545,465 |
| Operating marginunverified | -4.9% | -30.0% | -9.8% |
| Occupancy rateunverified | 89.4% | 94.6% | 91.5% |