COREWELL HEALTH BIG RAPIDS HOSPITAL — financial and operating metrics

CCN 230093, BIG RAPIDS, MI · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2023 (180 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2020FY2021FY2022FY2023
180d
FY2024FY2025
Total facility beds availableunverified494949494949
Total bed days availableunverified17,93417,88517,8858,86917,93417,885
Total facility dischargesunverified2,0682,1742,0221,0602,2142,299
Total facility inpatient daysunverified6,3707,7667,1903,3476,8156,851
Total patient revenue (gross charges)unverified$191,672,255$236,378,269$236,608,226$123,779,532$266,390,138$285,949,829
Contractual allowances and discountsunverified$115,510,798$142,385,602$149,111,659$79,963,710$163,874,117$176,943,955
Net patient revenueunverified$76,161,457$93,992,667$87,496,567$43,815,822$102,516,021$109,005,874
Total operating expensesunverified$74,754,197$82,358,596$81,170,656$41,205,541$94,147,258$99,360,469
Net income from service to patientsunverified$1,407,260$11,634,071$6,325,911$2,610,281$8,368,763$9,645,405
Net incomeunverified$3,814,697$12,806,205$11,306,171$3,333,610$9,303,209$11,265,988
Cost of uncompensated careunverified$2,079,841$1,506,098$1,843,134$1,033,930$2,150,549$2,625,525
Total facility bad debt expenseunverified$4,279,519$3,209,585$4,519,238$2,644,821$5,056,907$6,266,027
Charity care charges and uninsured discountsunverified$1,477,756$1,299,369$1,211,511$649,295$1,954,182$2,694,270
Cost of charity careunverified$586,463$493,707$435,469$235,962$652,094$870,254
Charges for insured patients' liabilityunverified$1,371
Operating marginunverified1.8%12.4%7.2%6.0%8.2%8.8%
Overall cost-to-charge ratiounverified39.0%34.8%34.3%33.3%35.3%34.7%
Occupancy rateunverified35.5%43.4%40.2%37.7%38.0%38.3%
Average length of stayunverified3.13.63.63.23.13.0
Uncompensated care as % of operating expenseunverified2.8%1.8%2.3%2.5%2.3%2.6%
Charity care cost-to-charge ratiounverified39.7%38.0%35.9%36.3%33.4%32.3%
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