CCN 235643, 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.
Download this nursing home as CSV Free. Current year without a key, every year we hold with one.
| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Total facility bedsunverified | 150 | 150 | 150 |
| Total bed days availableunverified | 54,750 | 54,750 | 54,900 |
| Total inpatient daysunverified | 32,083 | 35,410 | 35,122 |
| Total patient revenue (gross charges)unverified | $8,719,617 | $9,881,907 | $10,906,966 |
| Contractual allowances and discountsunverified | $922,953 | $1,133,787 | $1,301,786 |
| Net patient revenueunverified | $7,796,664 | $8,748,120 | $9,605,180 |
| Total operating expensesunverified | $10,315,507 | $10,749,572 | $11,532,876 |
| Net income from service to patientsunverified | $-2,518,843 | $-2,001,452 | $-1,927,696 |
| Net income (loss) for the periodunverified | $-1,908,327 | $-561,653 | $1,253,730 |
| Operating marginunverified | -32.3% | -22.9% | -20.1% |
| Occupancy rateunverified | 58.6% | 64.7% | 64.0% |