COREWELL HEALTH WAYNE HOSPITAL — financial and operating metrics

CCN 230142, WAYNE, 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 availableunverified868686979999
Total bed days availableunverified62,60831,39031,39035,40536,23436,135
Total facility dischargesunverified7,1105,0435,4525,9196,4225,791
Total facility inpatient daysunverified26,84123,66129,57630,85331,73729,292
Total patient revenue (gross charges)unverified$646,551,613$695,079,488$819,230,572$888,473,507$919,719,714$920,145,900
Contractual allowances and discountsunverified$499,209,523$543,170,224$646,459,135$707,811,012$725,090,970$719,129,651
Net patient revenueunverified$147,342,090$151,909,264$172,771,437$180,662,495$194,628,744$201,016,249
Total operating expensesunverified$170,031,584$165,778,007$187,675,755$187,099,354$201,127,998$209,583,739
Net income from service to patientsunverified$-22,689,494$-13,868,743$-14,904,318$-6,436,859$-6,499,254$-8,567,490
Net incomeunverified$-8,769,567$10,301,172$-8,833,262$2,143,499$-4,525,158$-6,340,710
Cost of uncompensated careunverified$5,910,407$4,469,610$3,855,344$3,568,661$4,606,667$6,527,308
Total facility bad debt expenseunverified$13,204,489$13,205,370$9,660,429$14,665,495$16,351,929$19,216,044
Charity care charges and uninsured discountsunverified$8,675,095$6,880,261$7,597,702$2,374,182$6,432,293$13,275,602
Cost of charity careunverified$2,578,337$1,532,986$1,609,360$511,743$1,316,548$2,672,425
Charges for insured patients' liabilityunverified$832$2,043
Operating marginunverified-15.4%-9.1%-8.6%-3.6%-3.3%-4.3%
Overall cost-to-charge ratiounverified26.3%23.9%22.9%21.1%21.9%22.8%
Occupancy rateunverified42.9%75.4%94.2%87.1%87.6%81.1%
Average length of stayunverified3.84.75.45.24.95.1
Uncompensated care as % of operating expenseunverified3.5%2.7%2.1%1.9%2.3%3.1%
Charity care cost-to-charge ratiounverified29.7%22.3%21.2%21.6%20.5%20.1%
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