CCN 230038, GRAND RAPIDS, 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 | 1,099 | 1,106 | 1,103 | 1,114 | 1,117 | 1,139 |
| Total bed days availableunverified | 402,110 | 403,614 | 402,371 | 406,462 | 408,627 | 415,842 |
| Total facility dischargesunverified | 59,773 | 61,681 | 60,219 | 54,981 | 58,597 | 60,175 |
| Total facility inpatient daysunverified | 293,023 | 323,378 | 319,624 | 314,484 | 327,411 | 337,446 |
| Total patient revenue (gross charges)unverified | $5,197,583,162 | $5,916,431,278 | $6,065,497,287 | $6,489,706,125 | $7,243,171,417 | $7,897,308,398 |
| Contractual allowances and discountsunverified | $2,868,557,224 | $3,383,545,545 | $3,491,720,634 | $3,738,675,356 | $4,084,082,147 | $4,465,464,993 |
| Net patient revenueunverified | $2,329,025,938 | $2,532,885,733 | $2,573,776,653 | $2,751,030,769 | $3,159,089,270 | $3,431,843,405 |
| Total operating expensesunverified | $2,336,439,568 | $2,397,548,637 | $2,572,592,803 | $2,705,601,128 | $2,699,880,138 | $2,988,709,290 |
| Net income from service to patientsunverified | $-7,413,630 | $135,337,096 | $1,183,850 | $45,429,641 | $459,209,132 | $443,134,115 |
| Net incomeunverified | $132,614,913 | $230,861,241 | $83,498,176 | $118,443,316 | $525,404,159 | $536,256,174 |
| Cost of uncompensated careunverified | $29,404,451 | $23,641,327 | $28,676,205 | $28,389,682 | $38,178,436 | $43,335,913 |
| Total facility bad debt expenseunverified | $60,379,513 | $48,030,160 | $66,774,393 | $67,650,981 | $77,356,699 | $89,123,737 |
| Charity care charges and uninsured discountsunverified | $27,804,878 | $27,732,480 | $23,029,902 | $27,295,746 | $50,410,350 | $50,008,554 |
| Cost of charity careunverified | $10,271,517 | $9,613,738 | $8,258,561 | $8,636,947 | $15,734,413 | $16,591,685 |
| Charges for insured patients' liabilityunverified | — | — | — | $193,739 | $225,535 | $178,514 |
| Operating marginunverified | -0.3% | 5.3% | 0.0% | 1.7% | 14.5% | 12.9% |
| Overall cost-to-charge ratiounverified | 45.0% | 40.5% | 42.4% | 41.7% | 37.3% | 37.8% |
| Occupancy rateunverified | 72.9% | 80.1% | 79.4% | 77.4% | 80.1% | 81.1% |
| Average length of stayunverified | 4.9 | 5.2 | 5.3 | 5.7 | 5.6 | 5.6 |
| Uncompensated care as % of operating expenseunverified | 1.3% | 1.0% | 1.1% | 1.0% | 1.4% | 1.4% |
| Charity care cost-to-charge ratiounverified | 36.9% | 34.7% | 35.9% | 31.6% | 31.2% | 33.2% |