KARMANOS CANCER CENTER — financial and operating metrics

CCN 230297, DETROIT, 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 availableunverified123123106102111115
Total bed days availableunverified45,01844,89538,69037,17637,79037,475
Total facility dischargesunverified2,6602,6942,1832,1762,2402,351
Total facility inpatient daysunverified22,90823,61220,97320,68120,13020,853
Total patient revenue (gross charges)unverified$791,013,964$945,843,887$1,027,882,601$1,189,503,758$1,400,948,124$1,617,201,565
Contractual allowances and discountsunverified$568,813,393$673,951,166$743,107,186$853,936,477$1,004,451,195$1,215,583,033
Net patient revenueunverified$222,200,571$271,892,721$284,775,415$335,567,281$396,496,929$401,618,532
Total operating expensesunverified$290,260,787$336,996,230$363,847,462$419,162,172$480,426,109$523,108,216
Net income from service to patientsunverified$-68,060,216$-65,103,509$-79,072,047$-83,594,891$-83,929,180$-121,489,684
Net incomeunverified$20,544,702$20,412,334$24,328,030$39,733,852$64,629,838$55,320,480
Cost of uncompensated careunverified$1,826,594$1,756,711$2,965,966$2,770,783$1,760,256$2,160,585
Total facility bad debt expenseunverified$5,892,231$5,122,092$4,874,286$5,833,793$5,290,480$7,234,727
Charity care charges and uninsured discountsunverified$152,835$996,885$2,822,770$3,522,803$1,317,667$1,498,924
Cost of charity careunverified$68,823$305,220$1,508,876$1,278,387$506,466$518,085
Charges for insured patients' liabilityunverified$24,579$49,084$78,932
Operating marginunverified-30.6%-23.9%-27.8%-24.9%-21.2%-30.3%
Overall cost-to-charge ratiounverified36.7%35.6%35.4%35.2%34.3%32.3%
Occupancy rateunverified50.9%52.6%54.2%55.6%53.3%55.6%
Average length of stayunverified8.68.89.69.59.08.9
Uncompensated care as % of operating expenseunverified0.6%0.5%0.8%0.7%0.4%0.4%
Charity care cost-to-charge ratiounverified45.0%30.6%53.5%36.3%38.4%34.6%
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