MICHIGAN VETERAN HOMES AT CHESTERFIE — financial and operating metrics

CCN 235728, CHESTERFIELD TOWNSHIP, 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 bedsunverified128128128
Total bed days availableunverified46,72046,72046,848
Total inpatient daysunverified19,19034,95044,421
Total patient revenue (gross charges)unverified$7,647,040$11,455,039$19,963,643
Contractual allowances and discountsunverified$5,405,066$7,536,443$15,233,669
Net patient revenueunverified$2,241,974$3,918,596$4,729,974
Total operating expensesunverified$19,611,128$30,552,651$31,343,673
Net income from service to patientsunverified$-17,369,154$-26,634,055$-26,613,699
Net income (loss) for the periodunverified$89,230$-41,475$-21,570
Operating marginunverified-774.7%-679.7%-562.7%
Occupancy rateunverified41.1%74.8%94.8%
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