THE MANOR OF NOVI — financial and operating metrics

CCN 235529, NOVI, 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 bedsunverified140140140
Total bed days availableunverified51,10051,10051,240
Total inpatient daysunverified31,74835,96239,102
Total patient revenue (gross charges)unverified$20,390,647$24,452,725$24,636,257
Contractual allowances and discountsunverified$9,351,846$9,919,718$9,507,137
Net patient revenueunverified$11,038,801$14,533,007$15,129,120
Total operating expensesunverified$13,459,839$14,902,261$16,285,673
Net income from service to patientsunverified$-2,421,038$-369,254$-1,156,553
Net income (loss) for the periodunverified$-1,918,887$95,773$-208,580
Operating marginunverified-21.9%-2.5%-7.6%
Occupancy rateunverified62.1%70.4%76.3%
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