CCN 235440, 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 | 339 | 339 | 339 |
| Total bed days availableunverified | 123,735 | 123,735 | 124,074 |
| Total inpatient daysunverified | 97,036 | 103,161 | 104,931 |
| Total patient revenue (gross charges)unverified | $24,236,603 | $27,642,267 | $30,122,446 |
| Contractual allowances and discountsunverified | $3,858,356 | $3,637,024 | $4,877,541 |
| Net patient revenueunverified | $20,378,247 | $24,005,243 | $25,244,905 |
| Total operating expensesunverified | $22,072,337 | $22,585,709 | $24,340,332 |
| Net income from service to patientsunverified | $-1,694,090 | $1,419,534 | $904,573 |
| Net income (loss) for the periodunverified | $-1,082,113 | $2,108,030 | $1,625,513 |
| Operating marginunverified | -8.3% | 5.9% | 3.6% |
| Occupancy rateunverified | 78.4% | 83.4% | 84.6% |