SURGEONS CHOICE MEDICAL CENTER — financial and operating metrics

CCN 230301, SOUTHFIELD, 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 availableunverified454545454545
Total bed days availableunverified16,47016,42516,42516,42516,47016,425
Total facility dischargesunverified368327289378467332
Total facility inpatient daysunverified1,5111,2451,1471,2881,3591,092
Total patient revenue (gross charges)unverified$93,837,431$111,605,986$107,741,524$107,934,190$106,851,768$96,714,209
Contractual allowances and discountsunverified$65,673,145$72,982,615$77,067,223$72,239,855$73,022,333$62,289,684
Net patient revenueunverified$28,164,286$38,623,371$30,674,301$35,694,335$33,829,435$34,424,525
Total operating expensesunverified$33,377,949$42,040,765$34,499,933$34,714,700$34,398,598$36,276,715
Net income from service to patientsunverified$-5,213,663$-3,417,394$-3,825,632$979,635$-569,163$-1,852,190
Net incomeunverified$1,632,714$312,053$-2,655,570$2,611,916$2,034,675$-1,708,509
Cost of uncompensated careunverified$157,649$1,666,720$1,161,486$23,267$8,685$16,888
Total facility bad debt expenseunverified$565,081$6,268,166$4,250,808$66,479$24,813$48,251
Charity care charges and uninsured discountsunverified$2,288
Cost of charity careunverified$626
Operating marginunverified-18.5%-8.8%-12.5%2.7%-1.7%-5.4%
Overall cost-to-charge ratiounverified35.6%37.7%32.0%32.2%32.2%37.5%
Occupancy rateunverified9.2%7.6%7.0%7.8%8.3%6.6%
Average length of stayunverified4.13.84.03.42.93.3
Uncompensated care as % of operating expenseunverified0.5%4.0%3.4%0.1%0.0%0.0%
Charity care cost-to-charge ratiounverified27.4%
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