GRAND OAKS NURSING CENTER — financial and operating metrics

CCN 235499, BALDWIN, 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 bedsunverified797979
Total bed days availableunverified28,83528,83528,914
Total inpatient daysunverified22,99125,58223,988
Total patient revenue (gross charges)unverified$7,599,869$8,590,656$8,614,486
Contractual allowances and discountsunverified$691,214$151,293$81,926
Net patient revenueunverified$6,908,655$8,439,363$8,532,560
Total operating expensesunverified$7,362,793$8,444,236$8,682,559
Net income from service to patientsunverified$-454,138$-4,873$-149,999
Net income (loss) for the periodunverified$224,291$400,710$263,389
Operating marginunverified-6.6%-0.1%-1.8%
Occupancy rateunverified79.7%88.7%83.0%
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