CCN 235540, GRAND RAPIDS, 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.
Download this nursing home as CSV Free. Current year without a key, every year we hold with one.
| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Total facility bedsunverified | 58 | 58 | 58 |
| Total bed days availableunverified | 21,170 | 21,170 | 21,228 |
| Total inpatient daysunverified | 13,764 | 15,122 | 15,640 |
| Total patient revenue (gross charges)unverified | $6,742,426 | $7,739,488 | $8,119,831 |
| Contractual allowances and discountsunverified | $1,583,704 | $1,396,060 | $1,757,068 |
| Net patient revenueunverified | $5,158,722 | $6,343,428 | $6,362,763 |
| Total operating expensesunverified | $5,876,805 | $6,023,507 | $6,226,948 |
| Net income from service to patientsunverified | $-718,083 | $319,921 | $135,815 |
| Net income (loss) for the periodunverified | $-594,005 | $373,892 | $222,572 |
| Operating marginunverified | -13.9% | 5.0% | 2.1% |
| Occupancy rateunverified | 65.0% | 71.4% | 73.7% |