HARBOR BEACH COMMUNITY HOSPITAL — financial and operating metrics

CCN 231313, HARBOR BEACH, 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 availableunverified151515151413
Total bed days availableunverified5,4905,4755,4755,4755,1244,745
Total facility dischargesunverified7110976553836
Total facility inpatient daysunverified33135724217091.0121
Total patient revenue (gross charges)unverified$14,552,595$17,840,933$20,147,441$20,217,168$20,906,225$21,723,491
Contractual allowances and discountsunverified$2,525,190$3,586,051$4,463,902$4,667,004$4,532,781$4,267,213
Net patient revenueunverified$12,027,405$14,254,882$15,683,539$15,550,164$16,373,444$17,456,278
Total operating expensesunverified$14,648,241$16,431,370$18,236,023$18,110,429$19,589,531$20,257,848
Net income from service to patientsunverified$-2,620,836$-2,176,488$-2,552,484$-2,560,265$-3,216,087$-2,801,570
Net incomeunverified$1,206,950$2,056,764$421,085$858,942$-308,803$17,385
Cost of uncompensated careunverified$117,872$215,942$232,498$176,884$200,455$373,919
Total facility bad debt expenseunverified$210,757$352,630$313,754$248,848$232,060$424,265
Charity care charges and uninsured discountsunverified$13,163$12,195$19,662$9,376$25,990$23,812
Cost of charity careunverified$13,161$11,967$19,662$8,802$24,493$22,840
Operating marginunverified-21.8%-15.3%-16.3%-16.5%-19.6%-16.0%
Overall cost-to-charge ratiounverified100.7%92.1%90.5%89.6%93.7%93.3%
Occupancy rateunverified6.0%6.5%4.4%3.1%1.8%2.6%
Average length of stayunverified4.73.33.23.12.43.4
Uncompensated care as % of operating expenseunverified0.8%1.3%1.3%1.0%1.0%1.8%
Charity care cost-to-charge ratiounverified100.0%98.1%100.0%93.9%94.2%95.9%
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