COLONIAL HEALTHCARE CENTER — financial and operating metrics

CCN 235383, HAMTRAMCK, 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 bedsunverified169169169
Total bed days availableunverified61,68561,68561,854
Total inpatient daysunverified44,91746,81949,664
Total patient revenue (gross charges)unverified$16,717,567$15,880,812$17,119,395
Contractual allowances and discountsunverified$5,529,535$4,231,417$3,269,914
Net patient revenueunverified$11,188,032$11,649,395$13,849,481
Total operating expensesunverified$12,270,849$13,583,651$13,978,705
Net income from service to patientsunverified$-1,082,817$-1,934,256$-129,224
Net income (loss) for the periodunverified$-842,295$-1,611,802$457,396
Operating marginunverified-9.7%-16.6%-0.9%
Occupancy rateunverified72.8%75.9%80.3%
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