CCN 230108, HANCOCK, 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 | 36 | 36 | 36 | 36 | 36 | 36 |
| Total bed days availableunverified | 13,176 | 13,140 | 13,140 | 13,140 | 13,176 | 13,140 |
| Total facility dischargesunverified | 922 | 969 | 1,037 | 999 | 1,166 | 1,367 |
| Total facility inpatient daysunverified | 4,844 | 4,524 | 4,993 | 5,130 | 5,085 | 5,367 |
| Total patient revenue (gross charges)unverified | $171,060,409 | $207,504,653 | $215,509,947 | $244,257,332 | $276,435,696 | $318,946,309 |
| Contractual allowances and discountsunverified | $107,950,521 | $137,723,374 | $146,160,194 | $172,979,785 | $193,190,471 | $227,884,316 |
| Net patient revenueunverified | $63,109,888 | $69,781,279 | $69,349,753 | $71,277,547 | $83,245,225 | $91,061,993 |
| Total operating expensesunverified | $73,089,831 | $77,643,589 | $80,635,258 | $83,653,337 | $92,891,896 | $99,110,721 |
| Net income from service to patientsunverified | $-9,979,943 | $-7,862,310 | $-11,285,505 | $-12,375,790 | $-9,646,671 | $-8,048,728 |
| Net incomeunverified | $3,763,080 | $4,050,919 | $571,754 | $-351,706 | $-134,331 | $1,448,739 |
| Cost of uncompensated careunverified | $500,162 | $353,692 | $516,231 | $591,434 | $787,215 | $1,313,217 |
| Total facility bad debt expenseunverified | $1,076,024 | $680,294 | $1,018,680 | $844,606 | $2,069,278 | $4,096,989 |
| Charity care charges and uninsured discountsunverified | $576,183 | $617,392 | $831,715 | $1,366,395 | $1,151,851 | $1,910,418 |
| Cost of charity careunverified | $171,591 | $165,632 | $229,759 | $365,678 | $288,127 | $413,999 |
| Charges for insured patients' liabilityunverified | — | — | — | $11,058 | — | — |
| Operating marginunverified | -15.8% | -11.3% | -16.3% | -17.4% | -11.6% | -8.8% |
| Overall cost-to-charge ratiounverified | 42.7% | 37.4% | 37.4% | 34.2% | 33.6% | 31.1% |
| Occupancy rateunverified | 36.8% | 34.4% | 38.0% | 39.0% | 38.6% | 40.8% |
| Average length of stayunverified | 5.3 | 4.7 | 4.8 | 5.1 | 4.4 | 3.9 |
| Uncompensated care as % of operating expenseunverified | 0.7% | 0.5% | 0.6% | 0.7% | 0.8% | 1.3% |
| Charity care cost-to-charge ratiounverified | 29.8% | 26.8% | 27.6% | 26.8% | 25.0% | 21.7% |