CCN 235484, 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 | 132 | 176 | 176 |
| Total bed days availableunverified | 48,180 | 64,240 | 64,416 |
| Total inpatient daysunverified | 36,677 | 47,628 | 50,024 |
| Total patient revenue (gross charges)unverified | $16,068,058 | $23,219,817 | $24,664,778 |
| Contractual allowances and discountsunverified | $2,712,803 | $4,660,862 | $4,243,049 |
| Net patient revenueunverified | $13,355,255 | $18,558,955 | $20,421,729 |
| Total operating expensesunverified | $16,678,085 | $19,052,657 | $20,201,926 |
| Net income from service to patientsunverified | $-3,322,830 | $-493,702 | $219,803 |
| Net income (loss) for the periodunverified | $-2,838,609 | $256,960 | $1,206,158 |
| Operating marginunverified | -24.9% | -2.7% | 1.1% |
| Occupancy rateunverified | 76.1% | 74.1% | 77.7% |