BARAGA COUNTY MEMORIAL HOSPITAL — financial and operating metrics

CCN 231307, L' ANSE, 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 availableunverified242424242424
Total bed days availableunverified8,7848,7608,7608,7608,7848,760
Total facility dischargesunverified307270360312258277
Total facility inpatient daysunverified1,5821,6092,4682,3051,9271,897
Total patient revenue (gross charges)unverified$31,194,518$35,279,540$40,766,405$44,115,747$56,036,135$56,900,128
Contractual allowances and discountsunverified$13,703,419$13,567,961$16,423,891$18,333,073$26,478,117$24,888,261
Net patient revenueunverified$17,491,099$21,711,579$24,342,514$25,782,674$29,558,018$32,011,867
Total operating expensesunverified$22,320,090$25,078,752$26,904,373$27,881,265$31,154,663$34,462,835
Net income from service to patientsunverified$-4,828,991$-3,367,173$-2,561,859$-2,098,591$-1,596,645$-2,450,968
Net incomeunverified$1,576,457$1,795,462$1,230,770$1,171,587$2,229,143$3,958,910
Cost of uncompensated careunverified$180,891$242,020$509,233$187,623$478,172$454,403
Total facility bad debt expenseunverified$355,120$423,826$872,852$356,149$933,193$812,687
Charity care charges and uninsured discountsunverified$1,877$722$645$4,078$2,534$22,600
Cost of charity careunverified$1,294$495$404$2,521$1,368$13,316
Operating marginunverified-27.6%-15.5%-10.5%-8.1%-5.4%-7.7%
Overall cost-to-charge ratiounverified71.6%71.1%66.0%63.2%55.6%60.6%
Occupancy rateunverified18.0%18.4%28.2%26.3%21.9%21.7%
Average length of stayunverified5.26.06.97.47.56.8
Uncompensated care as % of operating expenseunverified0.8%1.0%1.9%0.7%1.5%1.3%
Charity care cost-to-charge ratiounverified68.9%68.6%62.6%61.8%54.0%58.9%
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