CCN 235552, HANCOCK, 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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| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Total facility bedsunverified | 63 | 63 | 63 |
| Total bed days availableunverified | 22,995 | 22,995 | 23,058 |
| Total inpatient daysunverified | 16,934 | 18,724 | 17,082 |
| Total patient revenue (gross charges)unverified | $8,133,609 | $9,279,733 | $9,202,721 |
| Contractual allowances and discountsunverified | $2,658,812 | $3,259,253 | $3,501,210 |
| Net patient revenueunverified | $5,474,797 | $6,020,480 | $5,701,511 |
| Total operating expensesunverified | $6,204,400 | $7,624,992 | $6,711,149 |
| Net income from service to patientsunverified | $-729,603 | $-1,604,512 | $-1,009,638 |
| Net income (loss) for the periodunverified | $-387,475 | $-1,387,210 | $-867,864 |
| Operating marginunverified | -13.3% | -26.7% | -17.7% |
| Occupancy rateunverified | 73.6% | 81.4% | 74.1% |