CCN 235377, 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 | 139 | 139 | 139 |
| Total bed days availableunverified | 50,735 | 50,735 | 50,874 |
| Total inpatient daysunverified | 43,906 | 44,536 | 47,101 |
| Total patient revenue (gross charges)unverified | $20,168,711 | $20,617,304 | $22,873,316 |
| Contractual allowances and discountsunverified | $6,422,872 | $5,607,970 | $5,489,651 |
| Net patient revenueunverified | $13,745,839 | $15,009,334 | $17,383,665 |
| Total operating expensesunverified | $16,662,133 | $16,173,504 | $17,077,888 |
| Net income from service to patientsunverified | $-2,916,294 | $-1,164,170 | $305,777 |
| Net income (loss) for the periodunverified | $-2,383,663 | $203,129 | $1,301,325 |
| Operating marginunverified | -21.2% | -7.8% | 1.8% |
| Occupancy rateunverified | 86.5% | 87.8% | 92.6% |