CCN 235708, 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 | 48 | 48 | 48 |
| Total bed days availableunverified | 17,520 | 17,568 | 17,520 |
| Total inpatient daysunverified | 16,541 | 15,806 | 16,249 |
| Total patient revenue (gross charges)unverified | $21,562,100 | $19,503,627 | $18,270,074 |
| Contractual allowances and discountsunverified | $12,353,771 | $10,445,654 | $8,773,840 |
| Net patient revenueunverified | $9,208,329 | $9,057,973 | $9,496,234 |
| Total operating expensesunverified | $10,060,328 | $10,787,326 | $10,564,673 |
| Net income from service to patientsunverified | $-851,999 | $-1,729,353 | $-1,068,439 |
| Net income (loss) for the periodunverified | $-448,964 | $-1,401,939 | $-740,548 |
| Operating marginunverified | -9.3% | -19.1% | -11.3% |
| Occupancy rateunverified | 94.4% | 90.0% | 92.7% |