CCN 230180, CLARE, 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 | 49 | 49 | 49 | 49 | 49 | 39 |
| Total bed days availableunverified | 17,934 | 17,885 | 17,885 | 17,885 | 17,934 | 14,235 |
| Total facility dischargesunverified | 803 | 678 | 963 | 740 | 962 | 1,170 |
| Total facility inpatient daysunverified | 2,173 | 2,366 | 2,911 | 2,299 | 3,004 | 3,606 |
| Total patient revenue (gross charges)unverified | $139,040,574 | $151,362,232 | $168,910,296 | $209,043,605 | $322,044,741 | $342,997,928 |
| Contractual allowances and discountsunverified | $88,930,203 | $96,691,498 | $107,128,985 | $141,342,692 | $218,499,024 | $224,641,762 |
| Net patient revenueunverified | $50,110,371 | $54,670,734 | $61,781,311 | $67,700,913 | $103,545,717 | $118,356,166 |
| Total operating expensesunverified | $51,172,087 | $55,142,735 | $59,430,653 | $67,467,559 | $87,849,949 | $92,081,450 |
| Net income from service to patientsunverified | $-1,061,716 | $-472,001 | $2,350,658 | $233,354 | $15,695,768 | $26,274,716 |
| Net incomeunverified | $4,021,872 | $3,355,623 | $1,306,614 | $7,259,370 | $25,503,037 | $35,900,657 |
| Cost of uncompensated careunverified | $2,490,822 | $2,802,493 | $2,279,368 | $2,467,881 | $4,647,406 | $5,619,992 |
| Total facility bad debt expenseunverified | $2,476,149 | $2,109,258 | $1,401,213 | $1,785,685 | $3,299,761 | $3,932,989 |
| Charity care charges and uninsured discountsunverified | $3,223,076 | $3,251,284 | $3,283,786 | $3,400,326 | $7,275,573 | $9,199,558 |
| Cost of charity careunverified | $1,647,059 | $2,103,777 | $1,828,121 | $1,896,864 | $3,729,888 | $4,636,448 |
| Charges for insured patients' liabilityunverified | — | — | — | — | $222,455 | $155,736 |
| Operating marginunverified | -2.1% | -0.9% | 3.8% | 0.3% | 15.2% | 22.2% |
| Overall cost-to-charge ratiounverified | 36.8% | 36.4% | 35.2% | 32.3% | 27.3% | 26.8% |
| Occupancy rateunverified | 12.1% | 13.2% | 16.3% | 12.9% | 16.8% | 25.3% |
| Average length of stayunverified | 2.7 | 3.5 | 3.0 | 3.1 | 3.1 | 3.1 |
| Uncompensated care as % of operating expenseunverified | 4.9% | 5.1% | 3.8% | 3.7% | 5.3% | 6.1% |
| Charity care cost-to-charge ratiounverified | 51.1% | 64.7% | 55.7% | 55.8% | 51.3% | 50.4% |