WOODWARD HILLS HEALTH — financial and operating metrics

CCN 235556, BLOOMFIELD HILLS, 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 bedsunverified190190190
Total bed days availableunverified69,35069,35069,540
Total inpatient daysunverified43,72646,17253,534
Total patient revenue (gross charges)unverified$20,338,546$23,768,534$29,008,430
Contractual allowances and discountsunverified$1,983,230$2,070,938$2,207,181
Net patient revenueunverified$18,355,316$21,697,596$26,801,249
Total operating expensesunverified$21,071,027$23,590,405$27,635,520
Net income from service to patientsunverified$-2,715,711$-1,892,809$-834,271
Net income (loss) for the periodunverified$-1,947,037$-1,255,630$101,175
Operating marginunverified-14.8%-8.7%-3.1%
Occupancy rateunverified63.1%66.6%77.0%
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