SNF COST REPORT · CCN 235257 · FY 2023

IRON COUNTY MEDICAL CARE FACILITY

CRYSTAL FALLS, MI 49920 · Fiscal year ending 2023-12-31

200 bedsSNF
−$6.2M
TOTAL REVENUE
−$7.4M
OPERATING INCOME
OPERATING MARGIN
200
TOTAL BEDS
183
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$6.2M
Total costs
$1.2M
Operating income (rev − costs)
−$7.4M
Operating margin
Total charges
$1.3M
02 — UTILIZATION

Utilization

Total beds
200
Total inpatient days
42,216
Medicare days (Title XVIII)
731
Medicaid days (Title XIX)
26,514
Total discharges
183
03 — HISTORY

6-year trend

−$169K$7.1M$14.3M$21.6M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$21.6M−$1.9M200-8.8%
2018$21.3M−$1.3M200-6.2%
2019$21.4M−$924K200-4.3%
2020$19.8M−$4.1M200-20.7%
2022−$4.3M−$5.4M200125.3%
2023−$6.2M−$7.4M200120.1%