CCN 235517, EAST LANSING, 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 | 102 | 102 | 102 |
| Total bed days availableunverified | 30,660 | 37,230 | 37,332 |
| Total inpatient daysunverified | 23,236 | 22,999 | 24,579 |
| Total patient revenue (gross charges)unverified | $8,619,450 | $10,938,920 | $11,948,332 |
| Contractual allowances and discountsunverified | $1,593,187 | $3,615,230 | $3,171,889 |
| Net patient revenueunverified | $7,026,263 | $7,323,690 | $8,776,443 |
| Total operating expensesunverified | $8,583,857 | $8,497,152 | $9,234,355 |
| Net income from service to patientsunverified | $-1,557,594 | $-1,173,462 | $-457,912 |
| Net income (loss) for the periodunverified | $-1,267,702 | $-821,387 | $-324,505 |
| Operating marginunverified | -22.2% | -16.0% | -5.2% |
| Occupancy rateunverified | 75.8% | 61.8% | 65.8% |