UNIVERSITY OF MICHIGAN HEALTH SYSTEM — financial and operating metrics

CCN 230046, ANN ARBOR, 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 availableunverified932944951951954975
Total bed days availableunverified341,061344,600346,973347,081349,329355,629
Total facility dischargesunverified44,54045,34345,62545,54345,65747,554
Total facility inpatient daysunverified291,053298,326311,598310,282305,358312,436
Total patient revenue (gross charges)unverified$9,512,144,213$10,954,651,568$11,575,227,109$12,675,607,498$13,912,474,562$15,262,983,919
Contractual allowances and discountsunverified$5,944,551,072$6,926,440,515$7,333,108,093$8,058,535,586$8,835,778,733$9,690,511,889
Net patient revenueunverified$3,567,593,141$4,028,211,053$4,242,119,016$4,617,071,912$5,076,695,829$5,572,472,030
Total operating expensesunverified$3,838,207,162$3,988,374,149$4,242,054,807$4,681,753,635$4,904,172,970$5,484,606,490
Net income from service to patientsunverified$-270,614,021$39,836,904$64,209$-64,681,723$172,522,859$87,865,540
Net incomeunverified$-140,784,066$778,718,299$331,177,012$114,591,276$516,145,798$318,746,838
Cost of uncompensated careunverified$59,470,015$43,006,840$47,126,945$48,127,939$51,988,784$103,724,320
Total facility bad debt expenseunverified$71,183,832$74,676,732$79,569,968$46,776,521$57,253,693$72,034,721
Charity care charges and uninsured discountsunverified$61,930,476$38,095,538$40,320,852$65,007,891$90,095,555$113,312,375
Cost of charity careunverified$33,451,854$17,939,844$20,332,980$32,235,790$33,545,973$80,015,611
Charges for insured patients' liabilityunverified$1,730,871$8,245,446
Operating marginunverified-7.6%1.0%0.0%-1.4%3.4%1.6%
Overall cost-to-charge ratiounverified40.4%36.4%36.6%36.9%35.3%35.9%
Occupancy rateunverified85.3%86.6%89.8%89.4%87.4%87.9%
Average length of stayunverified6.56.66.86.86.76.6
Uncompensated care as % of operating expenseunverified1.5%1.1%1.1%1.0%1.1%1.9%
Charity care cost-to-charge ratiounverified54.0%47.1%50.4%49.6%37.2%70.6%
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