STRAITH HOSPITAL FOR SPECIAL SURGERY — financial and operating metrics

CCN 230071, SOUTHFIELD, 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 availableunverified343434343434
Total bed days availableunverified12,44412,41012,41012,41012,44412,410
Total facility dischargesunverified486169190282456500
Total facility inpatient daysunverified3,3981,2841,4511,9423,0344,075
Total patient revenue (gross charges)unverified$24,617,163$26,975,538$47,736,249$32,161,936$28,673,983$27,443,355
Contractual allowances and discountsunverified$13,544,075$15,008,753$31,743,350$17,319,207$13,864,899$13,981,108
Net patient revenueunverified$11,073,088$11,966,785$15,992,899$14,842,729$14,809,084$13,462,247
Total operating expensesunverified$14,562,029$16,396,406$18,030,798$18,771,909$14,813,998$14,841,432
Net income from service to patientsunverified$-3,488,941$-4,429,621$-2,037,899$-3,929,180$-4,914$-1,379,185
Net incomeunverified$-1,754,408$487,482$-553,676$-2,892,399$4,196,023$6,730,766
Cost of uncompensated careunverified$86,313$57,429$121,788$275,284$1,048,572$174,181
Total facility bad debt expenseunverified$242,811$160,792$293,880$193,179$2,189,752$314,093
Charity care charges and uninsured discountsunverified$1,329$200$421,578$23,560$35,072
Cost of charity careunverified$1,329$200$207,667$11,243$18,397
Operating marginunverified-31.5%-37.0%-12.7%-26.5%-0.0%-10.2%
Overall cost-to-charge ratiounverified59.2%60.8%37.8%58.4%51.7%54.1%
Occupancy rateunverified27.3%10.3%11.7%15.6%24.4%32.8%
Average length of stayunverified7.07.67.66.96.78.2
Uncompensated care as % of operating expenseunverified0.6%0.4%0.7%1.5%7.1%1.2%
Charity care cost-to-charge ratiounverified100.0%100.0%49.3%47.7%52.5%
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