NOVI LAKES HEALTH CAMPUS — financial and operating metrics

CCN 235718, NOVI, 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 bedsunverified929292
Total bed days availableunverified33,58033,58033,672
Total inpatient daysunverified27,80227,52828,086
Total patient revenue (gross charges)unverified$13,204,867$14,053,241$14,694,624
Contractual allowances and discountsunverified$1,899,095$2,234,341$2,178,605
Net patient revenueunverified$11,305,772$11,818,900$12,516,019
Total operating expensesunverified$10,064,489$10,427,867$10,584,821
Net income from service to patientsunverified$1,241,283$1,391,033$1,931,198
Net income (loss) for the periodunverified$1,424,557$1,456,389$1,960,458
Operating marginunverified11.0%11.8%15.4%
Occupancy rateunverified82.8%82.0%83.4%
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