CCN 235486, RICHMOND, 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 | 126 | 126 | 126 |
| Total bed days availableunverified | 40,515 | 45,990 | 46,116 |
| Total inpatient daysunverified | 31,665 | 36,418 | 40,844 |
| Total patient revenue (gross charges)unverified | $11,299,349 | $14,114,558 | $15,898,487 |
| Contractual allowances and discountsunverified | $1,871,308 | $2,795,649 | $2,370,862 |
| Net patient revenueunverified | $9,428,041 | $11,318,909 | $13,527,625 |
| Total operating expensesunverified | $12,655,490 | $12,123,757 | $14,770,540 |
| Net income from service to patientsunverified | $-3,227,449 | $-804,848 | $-1,242,915 |
| Net income (loss) for the periodunverified | $-2,961,773 | $-323,941 | $-1,164,295 |
| Operating marginunverified | -34.2% | -7.1% | -9.2% |
| Occupancy rateunverified | 78.2% | 79.2% | 88.6% |