SPECTRUM HEALTH UNITED HOSPITAL — financial and operating metrics

CCN 230035, GREENVILLE, 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 availableunverified494645444545
Total bed days availableunverified17,93416,79016,30316,00216,35216,471
Total facility dischargesunverified3,0522,5502,3922,4922,7932,691
Total facility inpatient daysunverified8,2229,8019,0908,6158,7608,939
Total patient revenue (gross charges)unverified$284,213,949$331,213,661$327,276,670$350,087,110$387,126,807$351,936,212
Contractual allowances and discountsunverified$169,962,073$198,535,848$197,897,123$208,585,162$229,811,868$204,460,256
Net patient revenueunverified$114,251,876$132,677,813$129,379,547$141,501,948$157,314,939$147,475,956
Total operating expensesunverified$106,872,628$117,951,630$116,872,551$127,569,287$142,319,347$124,154,354
Net income from service to patientsunverified$7,379,248$14,726,183$12,506,996$13,932,661$14,995,592$23,321,602
Net incomeunverified$10,770,808$16,684,496$18,573,593$15,348,815$15,863,948$25,784,084
Cost of uncompensated careunverified$2,902,375$2,047,043$2,772,358$2,534,850$3,704,119$4,054,483
Total facility bad debt expenseunverified$6,313,274$4,072,947$5,598,740$6,143,322$8,037,361$8,359,987
Charity care charges and uninsured discountsunverified$1,765,137$1,763,418$1,845,700$1,572,858$3,222,355$3,822,212
Cost of charity careunverified$713,941$696,974$932,907$569,562$1,132,790$1,363,995
Charges for insured patients' liabilityunverified$8,025$7,662
Operating marginunverified6.5%11.1%9.7%9.8%9.5%15.8%
Overall cost-to-charge ratiounverified37.6%35.6%35.7%36.4%36.8%35.3%
Occupancy rateunverified45.8%58.4%55.8%53.8%53.6%54.3%
Average length of stayunverified2.73.83.83.53.13.3
Uncompensated care as % of operating expenseunverified2.7%1.7%2.4%2.0%2.6%3.3%
Charity care cost-to-charge ratiounverified40.4%39.5%50.5%36.2%35.2%35.7%
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