CCN 235649, GRAND RAPIDS, MI · Medicare cost reports, FY2023–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 | FY2023 | FY2024 |
|---|---|---|
| Total facility bedsunverified | 20 | 20 |
| Total bed days availableunverified | 7,300 | 7,320 |
| Total inpatient daysunverified | 6,785 | 6,534 |
| Total patient revenue (gross charges)unverified | $2,966,950 | $3,253,960 |
| Contractual allowances and discountsunverified | $724,931 | $582,347 |
| Net patient revenueunverified | $2,242,019 | $2,671,613 |
| Total operating expensesunverified | $2,855,108 | $3,158,056 |
| Net income from service to patientsunverified | $-613,089 | $-486,443 |
| Net income (loss) for the periodunverified | $-493,715 | $-354,115 |
| Operating marginunverified | -27.3% | -18.2% |
| Occupancy rateunverified | 92.9% | 89.3% |