CCN 235633, GRAND RAPIDS, MI · Medicare cost reports, FY2023–FY2025
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 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Total facility bedsunverified | 337 | 337 | 337 |
| Total bed days availableunverified | 123,005 | 123,342 | 123,005 |
| Total inpatient daysunverified | 108,587 | 107,298 | 106,052 |
| Total patient revenue (gross charges)unverified | $20,260,872 | $20,861,426 | $21,499,601 |
| Contractual allowances and discountsunverified | $1,370,076 | $1,148,411 | $1,176,784 |
| Net patient revenueunverified | $18,890,796 | $19,713,015 | $20,322,817 |
| Total operating expensesunverified | $22,317,095 | $24,067,968 | $27,029,317 |
| Net income from service to patientsunverified | $-3,426,299 | $-4,354,953 | $-6,706,500 |
| Net income (loss) for the periodunverified | $-916,353 | $-780,626 | $-3,990,259 |
| Operating marginunverified | -18.1% | -22.1% | -33.0% |
| Occupancy rateunverified | 88.3% | 87.0% | 86.2% |