CCN 235464, FARWELL, 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 | 71 | 71 | 71 |
| Total bed days availableunverified | 25,915 | 25,915 | 25,986 |
| Total inpatient daysunverified | 18,648 | 23,544 | 22,412 |
| Total patient revenue (gross charges)unverified | $8,512,986 | $10,755,658 | $10,822,181 |
| Contractual allowances and discountsunverified | $2,142,245 | $2,274,728 | $2,537,715 |
| Net patient revenueunverified | $6,370,741 | $8,480,930 | $8,284,466 |
| Total operating expensesunverified | $6,837,153 | $7,979,254 | $8,374,654 |
| Net income from service to patientsunverified | $-466,412 | $501,676 | $-90,188 |
| Net income (loss) for the periodunverified | $17,193 | $953,568 | $329,816 |
| Operating marginunverified | -7.3% | 5.9% | -1.1% |
| Occupancy rateunverified | 72.0% | 90.9% | 86.2% |