STRATFORD PINES NURSING AND REHAB — financial and operating metrics

CCN 235608, MIDLAND, 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 daysunverified26,10425,57231,217
Total patient revenue (gross charges)unverified$11,821,596$13,790,616$15,342,629
Contractual allowances and discountsunverified$2,683,502$2,094,910$2,513,894
Net patient revenueunverified$9,138,094$11,695,706$12,828,735
Total operating expensesunverified$10,168,670$10,978,383$11,813,589
Net income from service to patientsunverified$-1,030,576$717,323$1,015,146
Net income (loss) for the periodunverified$-515,685$1,102,714$1,464,470
Operating marginunverified-11.3%6.1%7.9%
Occupancy rateunverified71.5%70.1%85.3%
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