CCN 235473, STERLING HEIGHTS, 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 | 112 | 112 | 112 |
| Total bed days availableunverified | 40,512 | 40,880 | 40,992 |
| Total inpatient daysunverified | 34,992 | 35,807 | 37,287 |
| Total patient revenue (gross charges)unverified | $18,280,782 | $17,279,287 | $17,243,913 |
| Contractual allowances and discountsunverified | $6,321,365 | $5,465,994 | $4,712,229 |
| Net patient revenueunverified | $11,959,417 | $11,813,293 | $12,531,684 |
| Total operating expensesunverified | $12,635,095 | $12,948,697 | $13,281,668 |
| Net income from service to patientsunverified | $-675,678 | $-1,135,404 | $-749,984 |
| Net income (loss) for the periodunverified | $-288,093 | $-586,776 | $-417,322 |
| Operating marginunverified | -5.6% | -9.6% | -6.0% |
| Occupancy rateunverified | 86.4% | 87.6% | 91.0% |