CHIPPEWA COUNTY WAR MEMORIAL HOSPITAL — financial and operating metrics

CCN 230239, SAULT STE MARIE, MI · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2022 (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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MetricFY2020FY2021FY2022
180d
FY2023FY2024FY2025
Total facility beds availableunverified494942494949
Total bed days availableunverified17,93417,8857,60217,88517,93417,885
Total facility dischargesunverified2,2292,2841,0542,0211,7001,627
Total facility inpatient daysunverified9,1289,3024,9129,0086,5786,169
Total patient revenue (gross charges)unverified$245,717,409$272,312,153$143,767,098$316,022,034$308,972,551$240,444,553
Contractual allowances and discountsunverified$141,333,709$158,937,926$84,150,055$192,821,101$186,841,312$135,321,290
Net patient revenueunverified$104,383,700$113,374,227$59,617,043$123,200,933$122,131,239$105,123,263
Total operating expensesunverified$105,658,563$115,329,868$63,146,368$134,060,879$138,956,725$117,158,940
Net income from service to patientsunverified$-1,274,863$-1,955,641$-3,529,325$-10,859,946$-16,825,486$-12,035,677
Net incomeunverified$10,283,364$11,429,780$-2,261,468$-1,569,008$-4,392,566$-2,460,255
Cost of uncompensated careunverified$1,037,242$1,149,198$618,133$168,721$2,087,639$2,869,655
Total facility bad debt expenseunverified$2,464,527$1,896,561$1,107,336$482,065$4,265,849$1,619,213
Charity care charges and uninsured discountsunverified$333,559$653,184$249,453$931,234$3,515,164
Cost of charity careunverified$125,132$452,185$181,826$412,357$2,176,411
Charges for insured patients' liabilityunverified$132,452
Operating marginunverified-1.2%-1.7%-5.9%-8.8%-13.8%-11.4%
Overall cost-to-charge ratiounverified43.0%42.4%43.9%42.4%45.0%48.7%
Occupancy rateunverified50.9%52.0%64.6%50.4%36.7%34.5%
Average length of stayunverified4.14.14.74.53.93.8
Uncompensated care as % of operating expenseunverified1.0%1.0%1.0%0.1%1.5%2.4%
Charity care cost-to-charge ratiounverified37.5%69.2%72.9%44.3%61.9%
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