IRON RIVER CARE CENTER — financial and operating metrics

CCN 235601, IRON RIVER, 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 bedsunverified696969
Total bed days availableunverified25,18525,18525,254
Total inpatient daysunverified18,96218,92220,160
Total patient revenue (gross charges)unverified$6,171,655$6,438,570$6,838,231
Contractual allowances and discountsunverified$374,096$57,153$382,569
Net patient revenueunverified$5,797,559$6,381,417$6,455,662
Total operating expensesunverified$5,717,078$6,504,794$6,877,708
Net income from service to patientsunverified$80,481$-123,377$-422,046
Net income (loss) for the periodunverified$215,605$33,580$-149,529
Operating marginunverified1.4%-1.9%-6.5%
Occupancy rateunverified75.3%75.1%79.8%
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