CCN 230222, MIDLAND, 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 | 324 | 324 | 206 | 195 | 199 | 216 |
| Total bed days availableunverified | 118,584 | 118,260 | 75,190 | 71,175 | 72,834 | 78,840 |
| Total facility dischargesunverified | 14,474 | 13,912 | 12,668 | 12,740 | 14,218 | 15,074 |
| Total facility inpatient daysunverified | 57,205 | 58,304 | 63,887 | 62,140 | 66,346 | 72,224 |
| Total patient revenue (gross charges)unverified | $1,135,767,071 | $1,284,061,087 | $1,302,095,756 | $1,424,967,740 | $1,586,207,117 | $1,769,211,115 |
| Contractual allowances and discountsunverified | $681,358,881 | $777,819,286 | $804,288,784 | $887,121,411 | $950,046,241 | $1,085,064,844 |
| Net patient revenueunverified | $454,408,190 | $506,241,801 | $497,806,972 | $537,846,329 | $636,160,876 | $684,146,271 |
| Total operating expensesunverified | $460,250,449 | $519,853,287 | $542,755,146 | $589,327,031 | $656,193,149 | $738,750,858 |
| Net income from service to patientsunverified | $-5,842,259 | $-13,611,486 | $-44,948,174 | $-51,480,702 | $-20,032,273 | $-54,604,587 |
| Net incomeunverified | $44,089,063 | $48,616,141 | $-66,099,902 | $40,320,669 | $107,850,989 | $75,212,048 |
| Cost of uncompensated careunverified | $8,042,668 | $12,121,315 | $12,445,955 | $13,199,978 | $14,399,545 | $17,570,487 |
| Total facility bad debt expenseunverified | $10,042,227 | $8,548,608 | $7,869,437 | $11,199,425 | $10,201,824 | $10,003,666 |
| Charity care charges and uninsured discountsunverified | $12,838,012 | $18,055,661 | $17,138,333 | $16,392,905 | $20,492,768 | $26,394,241 |
| Cost of charity careunverified | $4,515,694 | $9,094,195 | $9,620,974 | $9,167,971 | $10,809,724 | $14,166,587 |
| Charges for insured patients' liabilityunverified | — | — | — | — | $264,792 | $502,204 |
| Operating marginunverified | -1.3% | -2.7% | -9.0% | -9.6% | -3.1% | -8.0% |
| Overall cost-to-charge ratiounverified | 40.5% | 40.5% | 41.7% | 41.4% | 41.4% | 41.8% |
| Occupancy rateunverified | 48.2% | 49.3% | 85.0% | 87.3% | 91.1% | 91.6% |
| Average length of stayunverified | 4.0 | 4.2 | 5.0 | 4.9 | 4.7 | 4.8 |
| Uncompensated care as % of operating expenseunverified | 1.7% | 2.3% | 2.3% | 2.2% | 2.2% | 2.4% |
| Charity care cost-to-charge ratiounverified | 35.2% | 50.4% | 56.1% | 55.9% | 52.7% | 53.7% |