RESTHAVEN — financial and operating metrics

CCN 235378, HOLLAND, 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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MetricFY2022FY2023FY2024
Total facility bedsunverified145145145
Total bed days availableunverified52,92552,92553,070
Total inpatient daysunverified22,97351,00750,715
Total patient revenue (gross charges)unverified$23,347,587$25,355,333$25,819,814
Contractual allowances and discountsunverified$5,913,650$4,970,046$6,431,267
Net patient revenueunverified$17,433,937$20,385,287$19,388,547
Total operating expensesunverified$16,628,561$16,922,489$17,127,541
Net income from service to patientsunverified$805,376$3,462,798$2,261,006
Net income (loss) for the periodunverified$1,282,529$3,559,913$2,862,959
Operating marginunverified4.6%17.0%11.7%
Occupancy rateunverified43.4%96.4%95.6%
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