MUNISING MEMORIAL HOSPITAL — financial and operating metrics

CCN 231308, MUNISING, 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 availableunverified111111111111
Total bed days availableunverified4,0264,0154,0154,0154,0264,015
Total facility dischargesunverified7481118999787
Total facility inpatient daysunverified6918351,3081,134980896
Total patient revenue (gross charges)unverified$14,372,396$16,795,964$20,782,992$19,583,952$20,547,310$23,627,273
Contractual allowances and discountsunverified$4,179,353$5,487,702$8,656,987$8,431,353$8,588,983$10,848,903
Net patient revenueunverified$10,193,043$11,308,262$12,126,005$11,152,599$11,958,327$12,778,370
Total operating expensesunverified$11,177,215$11,793,787$12,792,045$13,128,541$13,283,864$14,628,020
Net income from service to patientsunverified$-984,172$-485,525$-666,040$-1,975,942$-1,325,537$-1,849,650
Net incomeunverified$-517,970$2,271,100$1,076,166$261,376$520,851$1,651,830
Cost of uncompensated careunverified$112,126$326,297$228,491$181,078$201,895$310,363
Total facility bad debt expenseunverified$167,973$519,690$255,392$278,209$314,379$437,970
Charity care charges and uninsured discountsunverified$392$17,302$90,302$3,961$21,898$61,728
Cost of charity careunverified$308$4,334$85,597$2,903$14,117$56,127
Operating marginunverified-9.7%-4.3%-5.5%-17.7%-11.1%-14.5%
Overall cost-to-charge ratiounverified77.8%70.2%61.6%67.0%64.7%61.9%
Occupancy rateunverified17.2%20.8%32.6%28.2%24.3%22.3%
Average length of stayunverified9.310.311.111.510.110.3
Uncompensated care as % of operating expenseunverified1.0%2.8%1.8%1.4%1.5%2.1%
Charity care cost-to-charge ratiounverified78.6%25.0%94.8%73.3%64.5%90.9%
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