NORTHFIELD PLACE — financial and operating metrics

CCN 235545, WHITEMORE 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 bedsunverified135135135
Total bed days availableunverified49,27549,27549,410
Total inpatient daysunverified38,60039,75840,453
Total patient revenue (gross charges)unverified$21,628,979$21,908,535$22,046,336
Contractual allowances and discountsunverified$8,312,661$8,249,190$8,124,306
Net patient revenueunverified$13,316,318$13,659,345$13,922,030
Total operating expensesunverified$13,806,826$14,713,901$15,056,684
Net income from service to patientsunverified$-490,508$-1,054,556$-1,134,654
Net income (loss) for the periodunverified$370,374$-203,858$-98,789
Operating marginunverified-3.7%-7.7%-8.2%
Occupancy rateunverified78.3%80.7%81.9%
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