CAPITAL AREA OPCO LLC — financial and operating metrics

CCN 235653, LANSING, 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 bedsunverified120120120
Total bed days availableunverified43,80043,80043,920
Total inpatient daysunverified29,21232,19735,438
Total patient revenue (gross charges)unverified$11,769,014$14,814,387$16,882,216
Contractual allowances and discountsunverified$2,120,849$4,145,457$5,249,864
Net patient revenueunverified$9,648,165$10,668,930$11,632,352
Total operating expensesunverified$10,394,052$11,265,575$12,956,025
Net income from service to patientsunverified$-745,887$-596,645$-1,323,673
Net income (loss) for the periodunverified$-269,086$-155,501$-1,013,978
Operating marginunverified-7.7%-5.6%-11.4%
Occupancy rateunverified66.7%73.5%80.7%
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See pricing · How we derive these numbers