RIVERSIDE NURSING AND REHABILITATION — financial and operating metrics

CCN 235535, GRAND HAVEN, 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 bedsunverified343434
Total bed days availableunverified12,41012,41012,444
Total inpatient daysunverified10,3689,66510,942
Total patient revenue (gross charges)unverified$3,955,535$3,519,299$4,736,618
Contractual allowances and discountsunverified$881,252$503,696$769,754
Net patient revenueunverified$3,074,283$3,015,603$3,966,864
Total operating expensesunverified$3,116,210$2,985,781$3,345,016
Net income from service to patientsunverified$-41,927$29,822$621,848
Net income (loss) for the periodunverified$-18,247$115,696$754,155
Operating marginunverified-1.4%1.0%15.7%
Occupancy rateunverified83.5%77.9%87.9%
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