SOREPOINTE NURSING CENTER — financial and operating metrics

CCN 235443, SAINT CLAIR SHORES, 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 bedsunverified200200200
Total bed days availableunverified73,00073,00073,200
Total inpatient daysunverified53,66950,08457,479
Total patient revenue (gross charges)unverified$23,668,402$21,657,421$27,540,175
Contractual allowances and discountsunverified$481,957$546,314$2,380,726
Net patient revenueunverified$23,186,445$21,111,107$25,159,449
Total operating expensesunverified$23,667,972$22,439,679$28,412,384
Net income from service to patientsunverified$-481,527$-1,328,572$-3,252,935
Net income (loss) for the periodunverified$2,116,656$-212,259$-2,415,619
Operating marginunverified-2.1%-6.3%-12.9%
Occupancy rateunverified73.5%68.6%78.5%
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