HILLCREST NURSING AND REHABILITATION — financial and operating metrics

CCN 235522, NORTH MUSKEGON, 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 bedsunverified393939
Total bed days availableunverified14,23514,23514,274
Total inpatient daysunverified12,94012,54713,311
Total patient revenue (gross charges)unverified$5,771,017$5,503,576$6,380,796
Contractual allowances and discountsunverified$1,610,642$1,005,289$1,584,644
Net patient revenueunverified$4,160,375$4,498,287$4,796,152
Total operating expensesunverified$3,970,383$4,308,182$4,544,332
Net income from service to patientsunverified$189,992$190,105$251,820
Net income (loss) for the periodunverified$247,922$320,383$432,695
Operating marginunverified4.6%4.2%5.3%
Occupancy rateunverified90.9%88.1%93.3%
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