CCN 235729, GRAND RAPIDS, 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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| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Total facility bedsunverified | 128 | 128 | 128 |
| Total bed days availableunverified | 39,552 | 46,720 | 46,848 |
| Total inpatient daysunverified | 23,240 | 43,759 | 27,169 |
| Total patient revenue (gross charges)unverified | $9,300,183 | $14,078,918 | $14,708,839 |
| Contractual allowances and discountsunverified | $5,288,535 | $7,796,279 | $9,074,276 |
| Net patient revenueunverified | $4,011,648 | $6,282,639 | $5,634,563 |
| Total operating expensesunverified | $29,295,145 | $36,780,276 | $35,326,429 |
| Net income from service to patientsunverified | $-25,283,497 | $-30,497,637 | $-29,691,866 |
| Net income (loss) for the periodunverified | $1,565,658 | $-27,831 | $4,846 |
| Operating marginunverified | -630.3% | -485.4% | -527.0% |
| Occupancy rateunverified | 58.8% | 93.7% | 58.0% |