KING NURSING AND REHABILITATION — financial and operating metrics

CCN 235519, HOUGHTON LAKE, 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 bedsunverified606161
Total bed days availableunverified21,90022,26522,326
Total inpatient daysunverified15,39415,14515,320
Total patient revenue (gross charges)unverified$6,349,344$6,458,081$7,259,679
Contractual allowances and discountsunverified$1,928,669$1,812,410$2,141,899
Net patient revenueunverified$4,420,675$4,645,671$5,117,780
Total operating expensesunverified$4,357,356$4,728,932$5,152,910
Net income from service to patientsunverified$63,319$-83,261$-35,130
Net income (loss) for the periodunverified$504,061$72,491$161,386
Operating marginunverified1.4%-1.8%-0.7%
Occupancy rateunverified70.3%68.0%68.6%
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