CCN 230244, GARDEN CITY, 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 | 146 | 146 | 151 | 129 | 138 | 138 |
| Total bed days availableunverified | 53,436 | 53,290 | 55,220 | 47,085 | 46,462 | 50,094 |
| Total facility dischargesunverified | 8,137 | 6,539 | 7,191 | 6,777 | 6,878 | 7,906 |
| Total facility inpatient daysunverified | 32,742 | 29,612 | 33,411 | 26,144 | 28,084 | 30,411 |
| Total patient revenue (gross charges)unverified | $549,168,659 | $561,722,919 | $641,779,701 | $645,515,975 | $635,329,887 | $772,179,292 |
| Contractual allowances and discountsunverified | $397,512,915 | $437,765,996 | $494,083,850 | $494,543,979 | $470,802,086 | $596,704,288 |
| Net patient revenueunverified | $151,655,744 | $123,956,923 | $147,695,851 | $150,971,996 | $164,527,801 | $175,475,004 |
| Total operating expensesunverified | $117,519,907 | $118,254,962 | $130,723,529 | $133,768,632 | $136,852,163 | $143,623,043 |
| Net income from service to patientsunverified | $34,135,837 | $5,701,961 | $16,972,322 | $17,203,364 | $27,675,638 | $31,851,961 |
| Net incomeunverified | $41,611,563 | $17,661,378 | $27,526,943 | $24,155,935 | $30,195,925 | $38,424,324 |
| Cost of uncompensated careunverified | $4,735,173 | $3,750,430 | $2,358,087 | $2,578,309 | $4,396,852 | $3,350,725 |
| Total facility bad debt expenseunverified | $24,128,633 | $18,240,261 | $11,074,978 | $11,565,563 | $20,062,959 | $18,503,936 |
| Charity care charges and uninsured discountsunverified | $1,378,861 | $2,018,404 | $2,359,033 | $2,603,003 | $2,498,586 | $2,189,932 |
| Cost of charity careunverified | $267,254 | $368,360 | $396,491 | $457,278 | $480,330 | $336,735 |
| Charges for insured patients' liabilityunverified | — | — | — | — | — | $22,958 |
| Operating marginunverified | 22.5% | 4.6% | 11.5% | 11.4% | 16.8% | 18.2% |
| Overall cost-to-charge ratiounverified | 21.4% | 21.1% | 20.4% | 20.7% | 21.5% | 18.6% |
| Occupancy rateunverified | 61.3% | 55.6% | 60.5% | 55.5% | 60.4% | 60.7% |
| Average length of stayunverified | 4.0 | 4.5 | 4.6 | 3.9 | 4.1 | 3.8 |
| Uncompensated care as % of operating expenseunverified | 4.0% | 3.2% | 1.8% | 1.9% | 3.2% | 2.3% |
| Charity care cost-to-charge ratiounverified | 19.4% | 18.3% | 16.8% | 17.6% | 19.2% | 15.4% |