CCN 235614, GRAND RAPIDS, 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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| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Total facility bedsunverified | 37 | 37 | 37 |
| Total bed days availableunverified | 13,505 | 13,505 | 13,542 |
| Total inpatient daysunverified | 11,029 | 11,400 | 11,260 |
| Total patient revenue (gross charges)unverified | $4,637,708 | $6,422,838 | $6,380,544 |
| Contractual allowances and discountsunverified | — | $1,616,845 | $1,409,873 |
| Net patient revenueunverified | $4,637,708 | $4,805,993 | $4,970,671 |
| Total operating expensesunverified | $5,629,236 | $5,802,795 | $5,886,164 |
| Net income from service to patientsunverified | $-991,528 | $-996,802 | $-915,493 |
| Net income (loss) for the periodunverified | $-543,360 | $-873,219 | $-757,124 |
| Operating marginunverified | -21.4% | -20.7% | -18.4% |
| Occupancy rateunverified | 81.7% | 84.4% | 83.1% |