CCN 230105, PETOSKEY, 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.
Download this hospital as CSV Free. Current year without a key, every year we hold with one.
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 170 | 172 | 177 | 175 | 159 | 154 |
| Total bed days availableunverified | 62,220 | 62,780 | 64,605 | 63,875 | 55,736 | 53,885 |
| Total facility dischargesunverified | 8,503 | 8,485 | 7,864 | 6,994 | 7,948 | 7,960 |
| Total facility inpatient daysunverified | 32,349 | 33,550 | 32,300 | 28,267 | 30,431 | 29,662 |
| Total patient revenue (gross charges)unverified | $635,590,348 | $702,046,635 | $692,814,752 | $725,334,784 | $853,865,537 | $891,354,283 |
| Contractual allowances and discountsunverified | $407,618,410 | $453,337,647 | $457,843,720 | $483,858,802 | $574,388,804 | $602,994,637 |
| Net patient revenueunverified | $227,971,938 | $248,708,988 | $234,971,032 | $241,475,982 | $279,476,733 | $288,359,646 |
| Total operating expensesunverified | $242,018,438 | $225,651,460 | $236,387,350 | $235,921,955 | $286,304,303 | $290,496,056 |
| Net income from service to patientsunverified | $-14,046,500 | $23,057,528 | $-1,416,318 | $5,554,027 | $-6,827,570 | $-2,136,410 |
| Net incomeunverified | $24,213,256 | $45,171,204 | $7,799,077 | $-21,329,637 | $8,932,749 | $15,944,466 |
| Cost of uncompensated careunverified | $4,218,827 | $4,624,394 | $4,724,262 | $5,072,996 | $6,506,166 | $8,178,668 |
| Total facility bad debt expenseunverified | $11,226,707 | $11,019,500 | $9,703,594 | $7,465,364 | $7,923,215 | $5,684,078 |
| Charity care charges and uninsured discountsunverified | $937,727 | $3,186,872 | $4,235,528 | $6,951,741 | $9,308,102 | $14,169,317 |
| Cost of charity careunverified | $377,371 | $1,172,234 | $1,632,140 | $2,789,040 | $4,119,810 | $6,500,830 |
| Charges for insured patients' liabilityunverified | — | — | — | $106,113 | $163,253 | $208,517 |
| Operating marginunverified | -6.2% | 9.3% | -0.6% | 2.3% | -2.4% | -0.7% |
| Overall cost-to-charge ratiounverified | 38.1% | 32.1% | 34.1% | 32.5% | 33.5% | 32.6% |
| Occupancy rateunverified | 52.0% | 53.4% | 50.0% | 44.3% | 54.6% | 55.0% |
| Average length of stayunverified | 3.8 | 4.0 | 4.1 | 4.0 | 3.8 | 3.7 |
| Uncompensated care as % of operating expenseunverified | 1.7% | 2.0% | 2.0% | 2.2% | 2.3% | 2.8% |
| Charity care cost-to-charge ratiounverified | 40.2% | 36.8% | 38.5% | 40.1% | 44.3% | 45.9% |