CCN 230303, MANISTEE, 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 | 45 | 45 | 45 | 45 | 45 | 45 |
| Total bed days availableunverified | 16,470 | 16,425 | 16,425 | 16,425 | 16,470 | 16,425 |
| Total facility dischargesunverified | 973 | 923 | 909 | 708 | 678 | 528 |
| Total facility inpatient daysunverified | 2,577 | 2,427 | 3,488 | 2,472 | 2,174 | 1,544 |
| Total patient revenue (gross charges)unverified | $155,285,066 | $170,158,411 | $179,529,448 | $164,710,810 | $158,739,057 | $151,649,902 |
| Contractual allowances and discountsunverified | $98,770,665 | $109,133,773 | $114,733,547 | $110,249,779 | $103,495,318 | $102,740,174 |
| Net patient revenueunverified | $56,514,401 | $61,024,638 | $64,795,901 | $54,461,031 | $55,243,739 | $48,909,728 |
| Total operating expensesunverified | $65,249,028 | $63,910,247 | $67,458,789 | $58,872,962 | $55,570,436 | $48,405,181 |
| Net income from service to patientsunverified | $-8,734,627 | $-2,885,609 | $-2,662,888 | $-4,411,931 | $-326,697 | $504,547 |
| Net incomeunverified | $5,904,891 | $8,331,040 | $-2,251,042 | $-3,236,374 | $905,096 | $1,890,581 |
| Cost of uncompensated careunverified | $90,593 | $60,013 | $91,879 | $48,748 | $71,661 | $15,126 |
| Total facility bad debt expenseunverified | $258,839 | $171,466 | $262,556 | $139,599 | $204,746 | $43,217 |
| Charity care charges and uninsured discountsunverified | — | — | — | — | — | — |
| Cost of charity careunverified | — | — | — | — | — | — |
| Operating marginunverified | -15.5% | -4.7% | -4.1% | -8.1% | -0.6% | 1.0% |
| Overall cost-to-charge ratiounverified | 42.0% | 37.6% | 37.6% | 35.7% | 35.0% | 31.9% |
| Occupancy rateunverified | 15.6% | 14.8% | 21.2% | 15.1% | 13.2% | 9.4% |
| Average length of stayunverified | 2.6 | 2.6 | 3.8 | 3.5 | 3.2 | 2.9 |
| Uncompensated care as % of operating expenseunverified | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.0% |
| Charity care cost-to-charge ratiounverified | — | — | — | — | — | — |