THE LAURELS OF FULTON — financial and operating metrics

CCN 235513, PERRINTON, 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 bedsunverified505050
Total bed days availableunverified18,25018,25018,300
Total inpatient daysunverified14,06214,04614,118
Total patient revenue (gross charges)unverified$8,182,566$8,504,570$8,445,049
Contractual allowances and discountsunverified$3,728,148$3,602,921$3,375,420
Net patient revenueunverified$4,454,418$4,901,649$5,069,629
Total operating expensesunverified$4,879,527$5,499,322$6,254,568
Net income from service to patientsunverified$-425,109$-597,673$-1,184,939
Net income (loss) for the periodunverified$-169,173$-51,714$-672,464
Operating marginunverified-9.5%-12.2%-23.4%
Occupancy rateunverified77.1%77.0%77.1%
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See pricing · How we derive these numbers