FOREST HEALTH MEDICAL CENTER — financial and operating metrics

CCN 230144, YPSILANTI, 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 availableunverified242424242424
Total bed days availableunverified8,7848,7608,7608,7608,7848,760
Total facility dischargesunverified501682564353273246
Total facility inpatient daysunverified8601,051956726579638
Total patient revenue (gross charges)unverified$97,634,806$110,242,170$111,610,794$107,765,611$70,090,938$69,178,930
Contractual allowances and discountsunverified$60,339,425$64,778,847$64,661,316$63,255,199$38,069,569$34,891,387
Net patient revenueunverified$37,295,381$45,463,323$46,949,478$44,510,412$32,021,369$34,287,543
Total operating expensesunverified$35,013,979$38,835,091$41,046,741$43,211,660$42,619,736$24,940,820
Net income from service to patientsunverified$2,281,402$6,628,232$5,902,737$1,298,752$-10,598,367$9,346,723
Net incomeunverified$5,103,312$9,320,308$7,857,207$4,779,185$-9,452,683$9,629,464
Cost of uncompensated careunverified$368,055$400,690$402,673$430,258$781,219$273,929
Total facility bad debt expenseunverified$991,731$1,068,154$1,041,897$1,078,274$1,548,772$750,071
Operating marginunverified6.1%14.6%12.6%2.9%-33.1%27.3%
Overall cost-to-charge ratiounverified35.9%35.2%36.8%40.1%60.8%36.1%
Occupancy rateunverified9.8%12.0%10.9%8.3%6.6%7.3%
Average length of stayunverified1.71.51.72.12.12.6
Uncompensated care as % of operating expenseunverified1.1%1.0%1.0%1.0%1.8%1.1%
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