UNIVERSITY OF MICHIGAN HEALTH-SPARROW CARSON — financial and operating metrics

CCN 230208, CARSON CITY, MI · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2023 (180 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2020FY2021FY2022FY2023
180d
FY2024FY2025
Total facility beds availableunverified484848484848
Total bed days availableunverified17,56817,52017,5208,68817,56817,520
Total facility dischargesunverified553578528222429543
Total facility inpatient daysunverified1,8202,0681,8437151,3791,620
Total patient revenue (gross charges)unverified$102,250,695$118,427,381$125,978,431$67,296,328$146,530,680$167,641,924
Contractual allowances and discountsunverified$61,962,242$72,254,912$82,213,811$45,329,405$95,960,508$111,822,221
Net patient revenueunverified$40,288,453$46,172,469$43,764,620$21,966,923$50,570,172$55,819,703
Total operating expensesunverified$49,775,557$50,349,102$51,012,310$25,391,051$52,088,306$55,514,418
Net income from service to patientsunverified$-9,487,104$-4,176,633$-7,247,690$-3,424,128$-1,518,134$305,285
Net incomeunverified$-998,662$-2,009,987$-5,082,663$-2,338,563$192,154$1,953,117
Cost of uncompensated careunverified$1,446,269$1,347,662$1,085,906$518,513$1,132,751$1,562,090
Total facility bad debt expenseunverified$903,759$1,279,024$1,337,077$699,977$1,376,283$2,038,053
Charity care charges and uninsured discountsunverified$1,812,282$1,842,388$1,399,311$671,659$1,767,569$2,445,712
Cost of charity careunverified$1,073,473$865,942$605,721$277,659$703,630$949,722
Operating marginunverified-23.5%-9.0%-16.6%-15.6%-3.0%0.5%
Overall cost-to-charge ratiounverified48.7%42.5%40.5%37.7%35.5%33.1%
Occupancy rateunverified10.4%11.8%10.5%8.2%7.8%9.2%
Average length of stayunverified3.33.63.53.23.23.0
Uncompensated care as % of operating expenseunverified2.9%2.7%2.1%2.0%2.2%2.8%
Charity care cost-to-charge ratiounverified59.2%47.0%43.3%41.3%39.8%38.8%
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