SINAI-GRACE HOSPITAL — financial and operating metrics

CCN 230024, DETROIT, 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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified317278281242242242
Total bed days availableunverified116,022101,306102,56588,33088,57288,330
Total facility dischargesunverified15,24513,83812,88712,56412,77512,251
Total facility inpatient daysunverified80,46380,65883,69974,68078,34171,263
Total patient revenue (gross charges)unverified$1,494,851,899$1,573,981,458$1,641,416,515$1,730,209,827$1,864,141,029$1,986,710,427
Contractual allowances and discountsunverified$1,150,092,504$1,252,414,186$1,325,781,947$1,424,249,829$1,511,895,857$1,607,249,108
Net patient revenueunverified$344,759,395$321,567,272$315,634,568$305,959,998$352,245,172$379,461,319
Total operating expensesunverified$327,037,621$348,442,800$344,630,970$338,134,229$328,095,709$337,728,826
Net income from service to patientsunverified$17,721,774$-26,875,528$-28,996,402$-32,174,231$24,149,463$41,732,493
Net incomeunverified$54,014,746$4,104,219$-24,919,094$-27,133,106$27,331,535$45,215,366
Cost of uncompensated careunverified$10,178,032$8,017,944$5,808,199$8,633,702$9,178,777$8,874,330
Total facility bad debt expenseunverified$49,142,765$37,049,557$28,907,722$13,357,975$13,087,470$14,132,192
Charity care charges and uninsured discountsunverified$2,323,156$2,657,405$1,753,357$39,588,116$47,492,588$43,412,520
Cost of charity careunverified$435,757$553,704$298,256$6,086,027$6,903,378$6,498,166
Operating marginunverified5.1%-8.4%-9.2%-10.5%6.9%11.0%
Overall cost-to-charge ratiounverified21.9%22.1%21.0%19.5%17.6%17.0%
Occupancy rateunverified69.4%79.6%81.6%84.5%88.4%80.7%
Average length of stayunverified5.35.86.55.96.15.8
Uncompensated care as % of operating expenseunverified3.1%2.3%1.7%2.6%2.8%2.6%
Charity care cost-to-charge ratiounverified18.8%20.8%17.0%15.4%14.5%15.0%
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