BEAUMONT HOSPITAL - FARMINGTON HILLS — financial and operating metrics

CCN 230151, FARMINGTON HILLS, 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 availableunverified226226225209209237
Total bed days availableunverified82,71682,49082,12576,28576,49486,411
Total facility dischargesunverified12,01911,51510,43810,8127,29911,287
Total facility inpatient daysunverified57,99261,67162,43157,81967,54762,847
Total patient revenue (gross charges)unverified$1,515,728,400$1,785,844,541$1,877,268,357$2,036,966,130$2,194,335,309$2,163,595,893
Contractual allowances and discountsunverified$1,127,845,405$1,373,100,339$1,443,044,472$1,556,673,829$1,708,487,418$1,668,698,455
Net patient revenueunverified$387,882,995$412,744,202$434,223,885$480,292,301$485,847,891$494,897,438
Total operating expensesunverified$368,180,981$384,065,238$420,022,899$444,550,229$489,758,514$490,352,430
Net income from service to patientsunverified$19,702,014$28,678,964$14,200,986$35,742,072$-3,910,623$4,545,008
Net incomeunverified$28,763,401$9,314,202$-36,009,000$76,497,113$31,175,220$12,427,015
Cost of uncompensated careunverified$6,440,465$5,083,306$5,797,844$5,903,059$9,458,387$10,504,602
Total facility bad debt expenseunverified$18,986,311$15,522,256$17,686,473$24,388,933$35,337,999$32,228,265
Charity care charges and uninsured discountsunverified$8,498,484$8,114,512$8,648,466$5,945,563$15,667,239$19,968,172
Cost of charity careunverified$2,134,826$1,737,468$1,813,176$1,152,986$2,969,251$4,097,700
Charges for insured patients' liabilityunverified$3,863$6,106
Operating marginunverified5.1%6.9%3.3%7.4%-0.8%0.9%
Overall cost-to-charge ratiounverified24.3%21.5%22.4%21.8%22.3%22.7%
Occupancy rateunverified70.1%74.8%76.0%75.8%88.3%72.7%
Average length of stayunverified4.85.46.05.39.35.6
Uncompensated care as % of operating expenseunverified1.7%1.3%1.4%1.3%1.9%2.1%
Charity care cost-to-charge ratiounverified25.1%21.4%21.0%19.4%19.0%20.5%
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