LAKELAND HOSPITAL, ST JOSEPH — financial and operating metrics

CCN 230021, ST JOSEPH, MI · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2023 (180 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2020FY2021FY2022FY2023
180d
FY2024FY2025
Total facility beds availableunverified246242235231225224
Total bed days availableunverified89,56788,33085,77541,81182,06682,945
Total facility dischargesunverified12,62112,50711,8826,36513,31711,216
Total facility inpatient daysunverified49,97255,46155,63522,36749,83249,502
Total patient revenue (gross charges)unverified$1,119,508,345$1,330,964,352$1,437,229,311$756,287,722$1,721,893,463
Contractual allowances and discountsunverified$694,955,120$860,966,996$949,003,210$515,465,077$1,161,627,271
Net patient revenueunverified$424,553,225$469,997,356$488,226,101$240,822,645$560,266,192
Total operating expensesunverified$440,461,569$484,266,166$505,715,638$258,744,346$537,497,295$567,956,391
Net income from service to patientsunverified$-15,908,344$-14,268,810$-17,489,537$-17,921,701$-537,497,295$-7,690,199
Net incomeunverified$45,444,437$71,545,261$-65,262,538$22,265,199$-537,497,295$66,170,915
Cost of uncompensated careunverified$8,569,735$8,202,283$10,692,751$4,946,405$10,846,069$12,657,365
Total facility bad debt expenseunverified$17,570,560$17,072,405$22,905,741$11,696,235$25,292,709$27,120,411
Charity care charges and uninsured discountsunverified$4,938,979$6,607,855$9,740,330$3,950,002$13,074,080$18,247,123
Cost of charity careunverified$2,735,408$2,633,740$3,554,168$1,305,729$3,756,559$5,258,347
Charges for insured patients' liabilityunverified$83,250$120,702
Operating marginunverified-3.7%-3.0%-3.6%-7.4%-1.4%
Overall cost-to-charge ratiounverified39.3%36.4%35.2%34.2%33.0%
Occupancy rateunverified55.8%62.8%64.9%53.5%60.7%59.7%
Average length of stayunverified4.04.44.73.53.74.4
Uncompensated care as % of operating expenseunverified1.9%1.7%2.1%1.9%2.0%2.2%
Charity care cost-to-charge ratiounverified55.4%39.9%36.5%33.1%28.7%28.8%
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