SPRINGCREEK REHABILITATION AND NURSI — financial and operating metrics

CCN 235504, ADRIAN, 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 bedsunverified144114114
Total bed days availableunverified52,56041,61041,724
Total inpatient daysunverified24,67026,26928,860
Total patient revenue (gross charges)unverified$7,922,592$8,397,952$14,924,034
Contractual allowances and discountsunverified$163,491$30,583$5,049,235
Net patient revenueunverified$7,759,101$8,367,369$9,874,799
Total operating expensesunverified$7,831,604$8,907,106$10,234,123
Net income from service to patientsunverified$-72,503$-539,737$-359,324
Net income (loss) for the periodunverified$551,352$200,090$-149,582
Operating marginunverified-0.9%-6.5%-3.6%
Occupancy rateunverified46.9%63.1%69.2%
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