GLADWIN PINES NURSING AND REHAB — financial and operating metrics

CCN 235485, GLADWIN, 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 bedsunverified848484
Total bed days availableunverified30,66030,66030,744
Total inpatient daysunverified24,50825,38626,777
Total patient revenue (gross charges)unverified$11,204,305$12,425,065$13,457,617
Contractual allowances and discountsunverified$2,745,380$3,428,265$3,300,470
Net patient revenueunverified$8,458,925$8,996,800$10,157,147
Total operating expensesunverified$9,052,347$9,704,498$10,317,095
Net income from service to patientsunverified$-593,422$-707,698$-159,948
Net income (loss) for the periodunverified$181,650$-84,136$604,941
Operating marginunverified-7.0%-7.9%-1.6%
Occupancy rateunverified79.9%82.8%87.1%
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