MERCY HEALTH SAINT MARY'S — financial and operating metrics

CCN 230059, 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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified275275275271276273
Total bed days availableunverified93,33093,07593,07599,043101,12899,567
Total facility dischargesunverified14,93016,33814,95414,81515,61015,587
Total facility inpatient daysunverified62,54064,03970,84566,20266,59867,046
Total patient revenue (gross charges)unverified$1,336,904,529$1,497,761,680$1,614,879,733$1,648,790,299$1,837,809,555$2,088,431,271
Contractual allowances and discountsunverified$833,216,366$925,230,399$977,726,586$1,047,005,986$1,168,255,615$1,320,222,384
Net patient revenueunverified$503,688,163$572,531,281$637,153,147$601,784,313$669,553,940$768,208,887
Total operating expensesunverified$700,916,726$696,398,944$753,360,199$765,808,456$834,831,446$904,148,216
Net income from service to patientsunverified$-197,228,563$-123,867,663$-116,207,052$-164,024,143$-165,277,506$-135,939,329
Net incomeunverified$11,184,754$209,165,298$26,595,435$87,682,156$115,235,647$188,561,194
Cost of uncompensated careunverified$12,288,032$10,039,111$13,850,747$11,822,631$11,816,643$16,431,441
Total facility bad debt expenseunverified$17,152,162$16,073,764$20,440,220$17,367,219$12,644,137$14,030,190
Charity care charges and uninsured discountsunverified$10,532,206$10,195,161$14,098,981$12,229,062$15,721,958$27,800,064
Cost of charity careunverified$5,395,993$4,156,544$6,163,199$5,331,990$7,304,306$11,815,809
Charges for insured patients' liabilityunverified$2,693,179$545,462
Operating marginunverified-39.2%-21.6%-18.2%-27.3%-24.7%-17.7%
Overall cost-to-charge ratiounverified52.4%46.5%46.7%46.4%45.4%43.3%
Occupancy rateunverified67.0%68.8%76.1%66.8%65.9%67.3%
Average length of stayunverified4.23.94.74.54.34.3
Uncompensated care as % of operating expenseunverified1.8%1.4%1.8%1.5%1.4%1.8%
Charity care cost-to-charge ratiounverified51.2%40.8%43.7%43.6%46.5%42.5%
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