MYMICHIGAN MEDICAL CENTER ALPENA — financial and operating metrics

CCN 230036, ALPENA, 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 availableunverified128128128128128128
Total bed days availableunverified46,84846,72046,72046,72046,84846,720
Total facility dischargesunverified3,9594,1885,7653,7694,0754,221
Total facility inpatient daysunverified13,99215,07416,24415,48916,12316,840
Total patient revenue (gross charges)unverified$365,328,506$404,517,100$575,108,156$674,297,381$777,591,415$943,284,893
Contractual allowances and discountsunverified$227,012,280$242,728,475$359,847,086$437,055,912$497,751,048$608,007,340
Net patient revenueunverified$138,316,226$161,788,625$215,261,070$237,241,469$279,840,367$335,277,553
Total operating expensesunverified$126,628,099$145,376,889$199,443,280$223,020,038$256,061,367$321,343,411
Net income from service to patientsunverified$11,688,127$16,411,736$15,817,790$14,221,431$23,779,000$13,934,142
Net incomeunverified$15,783,157$38,146,853$25,613,436$26,531,566$42,897,090$41,520,046
Cost of uncompensated careunverified$4,501,082$5,564,003$4,872,924$5,127,396$6,107,031$8,564,366
Total facility bad debt expenseunverified$3,575,545$4,653,012$2,583,294$4,348,109$3,618,272$4,780,870
Charity care charges and uninsured discountsunverified$4,602,035$5,571,892$6,590,025$6,096,940$8,965,806$11,895,113
Cost of charity careunverified$3,220,727$3,880,687$3,968,039$3,679,335$4,942,880$6,942,902
Charges for insured patients' liabilityunverified$191,062$331,355
Operating marginunverified8.5%10.1%7.3%6.0%8.5%4.2%
Overall cost-to-charge ratiounverified34.7%35.9%34.7%33.1%32.9%34.1%
Occupancy rateunverified29.9%32.3%34.8%33.2%34.4%36.0%
Average length of stayunverified3.53.62.84.14.04.0
Uncompensated care as % of operating expenseunverified3.6%3.8%2.4%2.3%2.4%2.7%
Charity care cost-to-charge ratiounverified70.0%69.6%60.2%60.3%55.1%58.4%
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