EASTWOOD NURSING CENTER OF NEGAUNEE — financial and operating metrics

CCN 235554, NEGAUNEE, 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 bedsunverified100100100
Total bed days availableunverified36,50036,50036,600
Total inpatient daysunverified28,77030,54934,566
Total patient revenue (gross charges)unverified$12,315,898$14,495,165$15,696,934
Contractual allowances and discountsunverified$2,654,619$2,680,055$2,303,073
Net patient revenueunverified$9,661,279$11,815,110$13,393,861
Total operating expensesunverified$10,667,070$11,827,055$12,466,076
Net income from service to patientsunverified$-1,005,791$-11,945$927,785
Net income (loss) for the periodunverified$169,573$950,266$1,977,575
Operating marginunverified-10.4%-0.1%6.9%
Occupancy rateunverified78.8%83.7%94.4%
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