CCN 235373, SPRING LAKE, MI · Medicare cost reports, FY2023–FY2025
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 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Total facility bedsunverified | 84 | 84 | 84 |
| Total bed days availableunverified | 30,660 | 30,744 | 30,660 |
| Total inpatient daysunverified | 22,526 | 26,814 | 27,033 |
| Total patient revenue (gross charges)unverified | $8,412,649 | $10,555,459 | $13,558,095 |
| Contractual allowances and discountsunverified | $336,285 | $549,888 | $2,822,501 |
| Net patient revenueunverified | $8,076,364 | $10,005,571 | $10,735,594 |
| Total operating expensesunverified | $9,140,778 | $10,471,017 | $12,520,129 |
| Net income from service to patientsunverified | $-1,064,414 | $-465,446 | $-1,784,535 |
| Net income (loss) for the periodunverified | $-682,750 | $-467,912 | $-1,336,461 |
| Operating marginunverified | -13.2% | -4.7% | -16.6% |
| Occupancy rateunverified | 73.5% | 87.2% | 88.2% |