Long-term care hospital · Grand Rapids, Michigan · 20 beds · CMS certification number 232026

SSH - GLSH Oak

Name: Medicare cost report — SSH - GLSH OAK LLC (CCN 232026)
Creator: Velarion Records
License: https://www.cms.gov/about-cms/information-systems/privacy/privacy-policy

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 3, 2017, settled, stamped by CMS April 15, 2020. Eighteen years on file, every one shown below.

Fiscal 2017 at a glance

Net patient revenue

$5.4M

$5,441,905 · G-3 line 3

Operating expenses

$5.6M

$5,585,188 · G-3 line 4

Result from patient care

−$143K

−$143,283 · G-3 line 5

Margin on patient care

−2.6%

line 5 ÷ line 3, same filing

What stands out

Net patient revenue rose from $5.1M in its first year on file (2000) to $5.4M in 2017.
Its result from patient care: $713K (2015), $59K (2016), −$143K (2017).
None of the 5 long-term care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2017.

Every statement is drawn from figures on this page; nothing is estimated.

Eighteen years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses

2000
settled with audit

$5.1M

$4.7M

2001
reopened

$5.8M

2002
settled

$6.5M

$6.2M

2003
settled

$7.5M

$7.0M

2004
settled

$7.5M

$7.0M

2005
reopened

$7.8M

$7.0M

2006
settled

$7.2M

$6.6M

2007
settled

$6.1M

2008
settled

$6.6M

$6.3M

2009
settled

$1.5M

$1.6M

2010
settled

$3.5M

$4.1M

2011
settled

$3.5M

$3.7M

2012
settled

$8.7M

$8.6M

2013
settled

$9.3M

$9.1M

2014
settled

$9.7M

$9.1M

2015
settled

$9.8M

$9.0M

2016
settled

$8.4M

$8.3M

2017
settled

$5.4M

$5.6M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from Michigan first; each on fiscal year 2017.

Hospital	Beds	Net patient revenue	Operating expenses	Margin
SSH - GLSH Oak	20	$5,441,905	$5,585,188	−2.6%
Pioneer Specialty Hospital, Pontiac	30	$4,733,149	$4,039,860	14.6%
Select Specialty Hospital - Flint, Flint	26	$13,398,868	$10,758,042	19.7%
SSH - Grosse Pointe, Detroit	26	$14,005,214	$11,475,578	18.1%
Select Specialty Hospital - Battle Creek, Battle Creek	25	$11,914,629	$9,581,825	19.6%
SSH - Pontiac, Pontiac	30	$12,134,988	$10,656,550	12.2%

Follow this hospital, free

We send this record now and tell you when it files again.

More long-term care hospitals in Michigan

Pioneer Specialty Hospital Select Specialty Hospital - Flint SSH - Grosse Pointe Select Specialty Hospital - Battle Creek SSH - Pontiac Select Specialty Hospital Macomb County Kindred Hospital Detroit Select Specialty Hospital-Wyandotte Vibra Hospital of Southeastern Michigan - Taylor Campus Beacon Plainwell Select Specialty Hospital - Ann Arbor Select Specialty Hospital - Corewell Health Grand Rapids All long-term care hospitals in Michigan

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2017.ZIP, form CMS-2552-10, filed under CMS certification number 232026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2017.ZIP, read April 15, 2020.