CCN 230022, COLDWATER, MI · Medicare cost reports, FY2020–FY2025
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 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 75 | 75 | 75 | 75 | 75 | 75 |
| Total bed days availableunverified | 27,450 | 27,375 | 27,375 | 27,375 | 27,375 | 27,375 |
| Total facility dischargesunverified | 2,380 | 2,495 | 2,338 | 2,155 | 1,861 | 1,577 |
| Total facility inpatient daysunverified | 10,661 | 12,689 | 12,270 | 10,963 | 9,667 | 8,206 |
| Total patient revenue (gross charges)unverified | $198,042,894 | $235,157,176 | $248,759,344 | $274,060,046 | $466,549,722 | $268,875,655 |
| Contractual allowances and discountsunverified | $135,461,041 | $162,520,082 | $175,862,175 | $198,101,019 | $194,122,847 | $195,334,109 |
| Net patient revenueunverified | $62,581,853 | $72,637,094 | $72,897,169 | $75,959,027 | $272,426,875 | $73,541,546 |
| Total operating expensesunverified | $71,252,060 | $78,066,787 | $87,301,271 | $96,242,432 | $82,246,670 | $87,699,403 |
| Net income from service to patientsunverified | $-8,670,207 | $-5,429,693 | $-14,404,102 | $-20,283,405 | $190,180,205 | $-14,157,857 |
| Net incomeunverified | $-27,537,493 | $-2,434,082 | $2,862,422 | $-12,539,598 | $191,209,109 | $-11,403,233 |
| Cost of uncompensated careunverified | $2,488,021 | $1,372,991 | $1,664,536 | $1,560,072 | $1,721,715 | $2,077,770 |
| Total facility bad debt expenseunverified | $4,967,560 | $3,128,493 | $2,462,069 | $2,666,618 | $2,560,416 | $3,486,485 |
| Charity care charges and uninsured discountsunverified | $2,255,655 | $1,355,463 | $2,426,403 | $2,522,087 | $3,343,438 | $3,656,340 |
| Cost of charity careunverified | $829,100 | $409,329 | $868,991 | $777,802 | $1,051,742 | $1,106,820 |
| Operating marginunverified | -13.9% | -7.5% | -19.8% | -26.7% | 69.8% | -19.3% |
| Overall cost-to-charge ratiounverified | 36.0% | 33.2% | 35.1% | 35.1% | 17.6% | 32.6% |
| Occupancy rateunverified | 38.8% | 46.4% | 44.8% | 40.0% | 35.3% | 30.0% |
| Average length of stayunverified | 4.5 | 5.1 | 5.2 | 5.1 | 5.2 | 5.2 |
| Uncompensated care as % of operating expenseunverified | 3.5% | 1.8% | 1.9% | 1.6% | 2.1% | 2.4% |
| Charity care cost-to-charge ratiounverified | 36.8% | 30.2% | 35.8% | 30.8% | 31.5% | 30.3% |