LAKESIDE MANOR NURSING & REHAB CENTE — financial and operating metrics

CCN 235719, STERLING HEIGHTS, 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 bedsunverified666666
Total bed days availableunverified24,09024,09024,156
Total inpatient daysunverified16,49316,52418,774
Total patient revenue (gross charges)unverified$6,629,153$5,726,745$8,020,070
Contractual allowances and discountsunverified$1,467,002$620,278$54,152
Net patient revenueunverified$5,162,151$5,106,467$7,965,918
Total operating expensesunverified$8,157,016$6,479,397$7,480,956
Net income from service to patientsunverified$-2,994,865$-1,372,930$484,962
Net income (loss) for the periodunverified$-2,805,874$-1,213,397$845,126
Operating marginunverified-58.0%-26.9%6.1%
Occupancy rateunverified68.5%68.6%77.7%
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