CCN 230121, OWOSSO, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 113 | 113 | 113 | 113 | 113 | 113 |
| Total bed days availableunverified | 41,358 | 41,245 | 41,245 | 41,245 | 41,358 | 41,245 |
| Total facility dischargesunverified | 3,614 | 4,374 | 4,198 | 4,212 | 4,510 | 5,044 |
| Total facility inpatient daysunverified | 15,351 | 18,093 | 17,214 | 15,588 | 16,745 | 20,545 |
| Total patient revenue (gross charges)unverified | $734,928,372 | $888,265,893 | $955,585,820 | $1,081,971,217 | $1,233,841,398 | $1,383,591,553 |
| Contractual allowances and discountsunverified | $540,721,379 | $674,916,650 | $729,202,357 | $813,577,724 | $907,906,209 | $1,017,938,825 |
| Net patient revenueunverified | $194,206,993 | $213,349,243 | $226,383,463 | $268,393,493 | $325,935,189 | $365,652,728 |
| Total operating expensesunverified | $214,918,457 | $239,411,883 | $256,790,562 | $282,327,763 | $327,031,730 | $372,786,189 |
| Net income from service to patientsunverified | $-20,711,464 | $-26,062,640 | $-30,407,099 | $-13,934,270 | $-1,096,541 | $-7,133,461 |
| Net incomeunverified | $5,006,301 | $-3,577,768 | $-16,656,399 | $8,595,141 | $12,480,661 | $11,189,107 |
| Cost of uncompensated careunverified | $2,488,819 | $2,267,190 | $2,293,909 | $2,219,279 | $3,238,489 | $3,376,086 |
| Total facility bad debt expenseunverified | $7,188,004 | $6,906,851 | $7,104,898 | $7,281,260 | $10,215,011 | $12,320,450 |
| Charity care charges and uninsured discountsunverified | $2,091,945 | $1,911,629 | $1,664,523 | $1,779,172 | $2,784,108 | $2,230,473 |
| Cost of charity careunverified | $613,686 | $619,409 | $674,482 | $562,502 | $992,128 | $689,758 |
| Charges for insured patients' liabilityunverified | — | — | — | — | — | $45,422 |
| Operating marginunverified | -10.7% | -12.2% | -13.4% | -5.2% | -0.3% | -2.0% |
| Overall cost-to-charge ratiounverified | 29.2% | 27.0% | 26.9% | 26.1% | 26.5% | 26.9% |
| Occupancy rateunverified | 37.1% | 43.9% | 41.7% | 37.8% | 40.5% | 49.8% |
| Average length of stayunverified | 4.2 | 4.1 | 4.1 | 3.7 | 3.7 | 4.1 |
| Uncompensated care as % of operating expenseunverified | 1.2% | 0.9% | 0.9% | 0.8% | 1.0% | 0.9% |
| Charity care cost-to-charge ratiounverified | 29.3% | 32.4% | 40.5% | 31.6% | 35.6% | 30.9% |