FREEMAN NURSING AND REHABILITATION — financial and operating metrics

CCN 235612, KINGSFORD, 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 bedsunverified454545
Total bed days availableunverified15,69316,42516,470
Total inpatient daysunverified11,49511,03111,211
Total patient revenue (gross charges)unverified$4,694,145$4,663,122$5,151,793
Contractual allowances and discountsunverified$865,989$924,484$1,007,496
Net patient revenueunverified$3,828,156$3,738,638$4,144,297
Total operating expensesunverified$3,946,230$3,999,427$3,877,341
Net income from service to patientsunverified$-118,074$-260,789$266,956
Net income (loss) for the periodunverified$232,690$-159,203$508,458
Operating marginunverified-3.1%-7.0%6.4%
Occupancy rateunverified73.2%67.2%68.1%
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