MYMICHIGAN MEDICAL CENTER SAGINAW — financial and operating metrics

CCN 230077, SAGINAW, 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 availableunverified232239226166181181
Total bed days availableunverified84,52687,03782,49060,62666,24666,065
Total facility dischargesunverified9,2849,4058,4908,3087,9155,088
Total facility inpatient daysunverified43,61645,42943,77039,25237,28739,621
Total patient revenue (gross charges)unverified$843,982,824$989,179,848$984,220,168$985,501,618$958,917,046$874,113,531
Contractual allowances and discountsunverified$601,466,333$703,636,988$708,416,359$721,267,285$705,603,259$629,422,498
Net patient revenueunverified$242,516,491$285,542,860$275,803,809$264,234,333$253,313,787$244,691,033
Total operating expensesunverified$311,326,444$345,667,778$364,227,549$348,786,585$325,219,791$324,892,160
Net income from service to patientsunverified$-68,809,953$-60,124,918$-88,423,740$-84,552,252$-71,906,004$-80,201,127
Net incomeunverified$-51,364,852$-45,865,703$-62,600,955$-69,672,242$-56,582,671$-11,441,901
Cost of uncompensated careunverified$4,577,934$3,992,976$3,836,320$6,329,283$4,732,680$9,974,112
Total facility bad debt expenseunverified$8,163,970$7,255,692$6,739,022$14,389,426$10,964,645$17,870,582
Charity care charges and uninsured discountsunverified$7,472,042$6,224,670$5,859,855$7,086,899$6,146,183$10,970,536
Cost of charity careunverified$2,271,371$1,933,552$1,876,799$2,355,843$1,845,160$4,458,444
Charges for insured patients' liabilityunverified$146,038$454,257
Operating marginunverified-28.4%-21.1%-32.1%-32.0%-28.4%-32.8%
Overall cost-to-charge ratiounverified36.9%34.9%37.0%35.4%33.9%37.2%
Occupancy rateunverified51.6%52.2%53.1%64.7%56.3%60.0%
Average length of stayunverified4.74.85.24.74.77.8
Uncompensated care as % of operating expenseunverified1.5%1.2%1.1%1.8%1.5%3.1%
Charity care cost-to-charge ratiounverified30.4%31.1%32.0%33.2%30.0%40.6%
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