QUALICARE NURSING HOME — financial and operating metrics

CCN 235622, DETROIT, 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 bedsunverified969696
Total bed days availableunverified35,04035,04035,136
Total inpatient daysunverified31,37932,95833,899
Total patient revenue (gross charges)unverified$17,958,225$18,636,405$19,880,263
Contractual allowances and discountsunverified$6,859,430$7,699,692$8,101,619
Net patient revenueunverified$11,098,795$10,936,713$11,778,644
Total operating expensesunverified$11,155,575$12,178,165$11,841,790
Net income from service to patientsunverified$-56,780$-1,241,452$-63,146
Net income (loss) for the periodunverified$415,787$-562,933$668,845
Operating marginunverified-0.5%-11.4%-0.5%
Occupancy rateunverified89.6%94.1%96.5%
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