HEALTHSOURCE SAGINAW — financial and operating metrics

CCN 230275, SAGINAW, 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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified777777
Total bed days availableunverified2,5622,5552,5552,5552,5622,555
Total facility dischargesunverified377321342244257100
Total facility inpatient daysunverified1,2621,0491,119820851329
Total patient revenue (gross charges)unverified$71,566,665$65,997,322$61,255,007$69,676,652$74,427,677$86,639,895
Contractual allowances and discountsunverified$20,691,147$22,379,052$20,140,038$22,276,173$23,608,074$27,022,159
Net patient revenueunverified$50,875,518$43,618,270$41,114,969$47,400,479$50,819,603$59,617,736
Total operating expensesunverified$51,539,744$56,480,637$53,001,294$56,758,354$52,813,119$59,593,564
Net income from service to patientsunverified$-664,226$-12,862,367$-11,886,325$-9,357,875$-1,993,516$24,172
Net incomeunverified$9,960,034$-6,842,266$-8,136,222$-4,462,610$8,865,132$12,121,119
Cost of uncompensated careunverified$181,502$173,967$18,826$177,809$797,986$1,288,890
Total facility bad debt expenseunverified$285,702$253,089$53,788$195,083$505,745$433,694
Charity care charges and uninsured discountsunverified$33,529$465,060$1,528,994
Cost of charity careunverified$27,985$460,311$1,034,896
Operating marginunverified-1.3%-29.5%-28.9%-19.7%-3.9%0.0%
Overall cost-to-charge ratiounverified72.0%85.6%86.5%81.5%71.0%68.8%
Occupancy rateunverified49.3%41.1%43.8%32.1%33.2%12.9%
Average length of stayunverified3.33.33.33.43.33.3
Uncompensated care as % of operating expenseunverified0.4%0.3%0.0%0.3%1.5%2.2%
Charity care cost-to-charge ratiounverified83.5%99.0%67.7%
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