THE LAURELS OF MT PLEASANT — financial and operating metrics

CCN 235385, MT PLEASANT, 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 bedsunverified112112112
Total bed days availableunverified40,88040,88040,992
Total inpatient daysunverified28,70730,48932,395
Total patient revenue (gross charges)unverified$18,383,672$19,466,123$19,828,653
Contractual allowances and discountsunverified$7,985,221$8,084,949$7,584,984
Net patient revenueunverified$10,398,451$11,381,174$12,243,669
Total operating expensesunverified$11,137,532$11,557,942$12,300,830
Net income from service to patientsunverified$-739,081$-176,768$-57,161
Net income (loss) for the periodunverified$-173,852$550,416$808,253
Operating marginunverified-7.1%-1.6%-0.5%
Occupancy rateunverified70.2%74.6%79.0%
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