CHURCH OF CHIRST HOME FOR THE AGED — financial and operating metrics

CCN 235619, CLINTON TOWNSHIP, 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 bedsunverified120129129
Total bed days availableunverified43,80047,08547,214
Total inpatient daysunverified31,71633,99338,230
Total patient revenue (gross charges)unverified$11,358,834$12,375,339$15,226,840
Contractual allowances and discountsunverified$1,232,467$1,564,245$2,330,815
Net patient revenueunverified$10,126,367$10,811,094$12,896,025
Total operating expensesunverified$12,198,661$12,534,829$14,473,425
Net income from service to patientsunverified$-2,072,294$-1,723,735$-1,577,400
Net income (loss) for the periodunverified$836,797$-789,459$262,397
Operating marginunverified-20.5%-15.9%-12.2%
Occupancy rateunverified72.4%72.2%81.0%
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