OUR LADY OF MERCY CONVALESCENT HOME — financial and operating metrics

CCN 235551, HUBBELL, 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 bedsunverified555555
Total bed days availableunverified20,07520,07520,130
Total inpatient daysunverified18,10517,93918,280
Total patient revenue (gross charges)unverified$6,314,498$6,156,756$6,445,380
Contractual allowances and discountsunverified$55,591$357,997$542,878
Net patient revenueunverified$6,258,907$5,798,759$5,902,502
Total operating expensesunverified$5,854,107$6,087,427$6,679,934
Net income from service to patientsunverified$404,800$-288,668$-777,432
Net income (loss) for the periodunverified$762,267$-129,655$-516,837
Operating marginunverified6.5%-5.0%-13.2%
Occupancy rateunverified90.2%89.4%90.8%
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