THE OAKS AT BELMONT — financial and operating metrics

CCN 235727, BELMONT, 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 bedsunverified101101101
Total bed days availableunverified36,86536,86536,966
Total inpatient daysunverified25,75030,35331,722
Total patient revenue (gross charges)unverified$8,993,118$12,272,629$15,409,908
Contractual allowances and discountsunverified$500,075$1,172,585$1,560,942
Net patient revenueunverified$8,493,043$11,100,044$13,848,966
Total operating expensesunverified$9,180,788$11,838,519$12,326,862
Net income from service to patientsunverified$-687,745$-738,475$1,522,104
Net income (loss) for the periodunverified$-617,811$-610,906$1,558,498
Operating marginunverified-8.1%-6.7%11.0%
Occupancy rateunverified69.8%82.3%85.8%
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